Korean AI chip startup DeepX prepares public share offering

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 US 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.