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Sapeon CEO: See a lot of opportunity to get to markets
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSapeon CEO: See a lot of opportunity to get to marketsRyu Soojung, CEO of Sapeon, speaks to CNBC's Arjun Kharpal at Mobile World Congress.
Persons: Ryu Soojung, CNBC's Arjun Kharpal Organizations: Sapeon, Mobile
Sapeon, backed by South Korea's SK Group, launches new AI chip
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - Sapeon, an artificial intelligence (AI) chip startup backed by South Korea's telecom-to-chip conglomerate SK Group, has launched its latest chip for data centres, the company said on Thursday, joining the global race to develop AI chips with bigger rivals like Nvidia (NVDA.O). The new Sapeon X330 chip "represents roughly twice the computational performance and 1.3 times better power efficiency" than competitors' products launched this year, the company said in a statement, without elaborating further on the competitors. Sapeon designs AI semiconductors for data centres, which require huge amounts of data processing. The X330 chip is manufactured by TSMC (2330.TW), the world's largest contract chipmaker, Sapeon said. SK Telecom (017670.KS), South Korea's top telco company, is Sapeon's parent.
Persons: Dado Ruvic, Sapeon, Simon Cameron, Moore Organizations: REUTERS, Rights, SK Group, Nvidia, TSMC, SK Telecom, telco, SK Hynix, Thomson Locations: Rights SEOUL, South
The company has integrated its various service from music streaming to e-commerce into A. and is planning to launch it fully in 2023. SKT added a feature called "Chat T" to A. that is powered by the technology behind ChatGPT, based on Microsoft's Azure OpenAI cloud computing service. The Korean telecoms giant also added a chatroom function to A. that allows users to have conversations with an AI character. "Through these conversations, users can share information about their daily life like they are talking to a close friend," SKT said in a press release. SKT said it has brought more AI agents named "A. friends" to the product, equipped with conversational AI technology "that enables emotional and human-like conversations."
Persons: chatbot, OpenAI's, Sapeon Organizations: SK Telecom's, SK Telecom, South Korea's, Microsoft, CNBC Locations: South, South Korea
Sapeon was spun off from South Korea's SK Telecom in 2022 and is raising outside investment. BARCELONA, Spain — Sapeon, a South Korean artificial intelligence chip startup headquartered in California, is raising a funding round that puts its valuation above $400 million, its CEO told CNBC. The startup is backed by massive South Korean firms SK Telecom, memory-chip maker SK Hynix and SK Square, an investment company spun off of SK Telecom. But a number of established players such as AMD and startups like Sapeon, are looking to challenge Nvidia. Analysts at Bernstein expect ChatGPT to be a multi-billion dollar boon for chipmakers looking to fuel these AI models.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korean A.I. chip startup discusses its strategy to challenge NvidiaSoojung Ryu of Sapeon, a South Korean artificial intelligence chip startup, says artificial intelligence services will "grow a lot, thanks to the evolution of AI services such as ChatGPT."
[1/2] AI chip startup Rebellions co-founder and chief executive Park Sunghyun works at the company headquarters in Seongnam, South Korea February 2023. SEOUL Feb 13 (Reuters) - South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry. "But it's not set in stone because AI chips can carry out different functions and there aren't set boundaries or metrics." A100 is the most popular chip for AI workloads, powerful enough to create - in industry lingo, "train" - the AI models. Rebellions declined to give a forecast for its AI chip venture.
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