Korean AI chip startup DeepX prepares public share offering
SEOUL, April 14 (Reuters) – South Korean AI chip startup DeepX said on Tuesday it is preparing to list its shares domestically, adding the firm is open to a possible U.S. listing after that.
The on-device AI chip company, which works with Hyundai Motor (005380.KS), and Baidu (9888.HK), plans to select banks to manage its initial public offering after wrapping up its ongoing funding round in the first half of this year, DeepX CEO Lokwon Kim told Reuters.
Reporting by Hyunjoo Jin; Editing by Christian Schmollinger
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Korean AI chip startup DeepX prepares public share offering, source
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