Ex-Quant’s AI Chip Startup Eyes 2025 IPO as Nvidia Fuels Demand
- Rebellions plans to hire global banks in March for a listing
- CEO shares product roadmap as firm works with Samsung foundry
Sunghyun Park
Source: Rebellions Inc.
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South Korean startup Rebellions Inc. is planning to go public as early as the end of 2025, seeking to capitalize on booming demand for the chips used to power generative AI.
It plans to select global banks for a domestic listing around March after completing a merger with SK Telecom Co.’s Sapeon Korea in November, Chief Executive Officer Park Sunghyun told Bloomberg Television. Depending on its ramp-up and market conditions, the company could debut by late 2025 or early 2026, he estimated. It’s selected domestic broker Samsung Securities Co. to lead its IPO.