FuriosaAI Inc. secures **$620 million** in funding to scale production of its energy-efficient AI inference chips, targeting data center power constraints. The startup’s **Tensor Contraction Processor (TCP)**, based on its **RNGD architecture**, uses a **three-dimensional matrix** for tensor computations, reducing power consumption by **less than half** compared to Nvidia’s GPUs while maintaining compatibility with frameworks like PyTorch. Major South Korean firms—**LG Group, Upstage, and Samsung**—already deploy its chips for AI models, live search summaries, and neural processing services. The funding will accelerate production, aiming for **20,000 units in 2026** and **40,000 in 2027**, while advancing a **third-gen processor** co-developed with Broadcom.
Oct 2026SiliconANGLENews article
Rebellions lands $124M to develop its new AI Rebel chip with Samsung
South Korean AI chip startup Rebellions raises $124 million in an oversubscribed Series B round to develop its Rebel chip, ramp up Atom production, and hire. The funding values the three-year-old company at about $658 million post-money, with KT leading the round alongside returning and new investors. Rebellions is co-developing Rebel with Samsung using its 4-nanometer process, targeting completion by year-end and mass production in 2025.
