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Sources: South Korean AI chip designer DeepX raised a ~$29M Series D at a ~$2.2B valuation, and is in talks to raise ~$209M at a ~$2.4B valuation by September (Yoolim Lee/Bloomberg)

Techmeme ·
DeepX’s new round reportedly values the South Korean AI chip designer at about four times its prior valuation.

Bloomberg says DeepX raised about $29 million in Series D funding at roughly a $2.2 billion valuation. The company is also in talks to raise about $209 million more at around a $2.4 billion valuation by September. The report cites unnamed sources for the financing details. Techmeme's note

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