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Korean AI chip startup DeepX prepares public share offering

By Thomson Reuters Apr 13, 2026 | 11:13 PM

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 ​and Baidu, 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.

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(Reporting by Hyunjoo Jin; Editing by Christian ​Schmollinger)