South Korea is making a major push to join the global race for artificial intelligence (AI) supremacy, with local startup Rebellions Inc launching an AI chip on Monday. The launch marks the first step in Seoul’s efforts to position South Korean companies at the forefront of this rapidly growing industry.
The new chip from Rebellions Inc will be used by government agencies and businesses alike, allowing them to develop their own AI applications and systems more quickly and efficiently than ever before. It features advanced hardware that can process data faster than many other existing chips, giving it an edge over its competitors in terms of speed and performance.
In addition, South Korean authorities are offering incentives such as tax breaks for companies investing in AI research or development projects using locally made products like those developed by Rebellions Inc.
This should help attract investment into the sector while also creating jobs within South Korea itself – something which has been identified as a priority by President Moon Jae-in’s administration since taking office last year.
As competition intensifies between countries around the world looking to gain a foothold in this lucrative market, it remains unclear whether or not South Korea can succeed where others have failed; however one thing is certain: with Monday’s launch of its new chip from Rebellions Inc., Seoul has taken its first steps towards becoming part of this exciting technological revolution.
Read more at Reuters