DEEPX and Hyundai Motor Group Expand AI Robot Partnership

South Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots. This collaboration will utilize DEEPX's second-generation DX-M2 low-power chips, which are optimized for generative AI and will be mass-produced by Samsung Electronics using 2-nanometer technology. The chips aim to enable robots to handle AI tasks on-device, reducing energy consumption and preventing overheating, a key challenge for humanoid robots. DEEPX, founded by former Apple Inc. engineer Lokwon Kim, is also in talks to raise over 600 billion won ($408 million) in a funding round ahead of a potential IPO in South Korea. Hyundai Motor Group plans to build a factory capable of manufacturing 30,000 robot units annually by 2028, with this partnership being part of its broader strategy to build an ecosystem of on-device computing partners. DEEPX, which counts Baidu as a customer, targets $40 million in revenue this year.