Korean AI chip startup DeepX prepares public share offering

April 14, 2026 12:12 AM EDT

The DEEPX booth at the 2025 Korea Tech Festival in Seoul, South Korea, December 4, 2025. REUTERS/Kim Hong-Ji

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)



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