Korea's chip unicorn DeepX valuation went up four times to $2.2 billion

On 3 August, DeepX Co., an AI chip designer in Korea, recently completed a new round of financing, which is about four times higher than the previous one, reflecting a continued high level of market enthusiasm for investment in AIS-related companies. According to information sources, the original company, which is based at the Kyonbong Road Bridge, valued about 3.14 trillion won (US$ 2.2 billion) in the latest round of transactions. DeepX has signed the first D-wheel financing agreements and obtained 42 billion won from existing investors, BNM Investment Co. and DS Assembly Management Co。