This event is archived. Final snapshot from when the story concluded. View on Dashboard
Events / Business / DEEPX and Hyundai AI Robotics Partnership
Business partnership expansion

DEEPX and Hyundai AI Robotics Partnership

Analysis based on 13 articles · First reported Apr 15, 2026 · Last updated Apr 25, 2026

Sentiment
60
Attention
4
Articles
13
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The expanded partnership between DEEPX and Hyundai Motor Company is expected to boost innovation in the AI robotics sector, potentially increasing investor confidence in both companies. DEEPX's fundraising and IPO plans, coupled with its advanced chip technology, could attract significant market attention and investment in the South Korean AI industry.

Semiconductor Robotics Artificial intelligence
Event Summary

South Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Company to develop a computing platform for generative AI robots. This collaboration will utilize DEEPX's second-generation DX-M2 chips, which are optimized for generative AI and will be mass-produced using Samsung Electronics' 2-nanometer technology. 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. The company aims for $40 million in revenue this year and is considering a secondary U.S. listing. Hyundai Motor Company plans to build a factory to manufacture 30,000 robot units annually by 2028, with this partnership being a key part of its strategy to build an ecosystem of on-device computing partners. DEEPX's chips are noted for being more power-efficient and cheaper than Nvidia's Jetson Orin.

Entities Involved
per
Hyun Dong-jin
Hyun Dong-jin, head of Hyundai Motor Company's Robotics LAB, stated that the collaboration with DEEPX is part of building an ecosystem of on-device computing partners.
Importance 20.0 Sentiment 50.0
per
Young Cho
Young Cho, CFO of DEEPX, confirmed the company's priority for a Korean stock market listing, with a potential secondary U.S. listing.
Importance 20.0 Sentiment 50.0
priv
DEEPX
Importance 0.0 Sentiment 0.0
per
Lokwon Kim
Importance 0.0 Sentiment 0.0
stock
Hyundai Motor Company
Importance 0.0 Sentiment 0.0
stock
Baidu
Importance 0.0 Sentiment 0.0
stock
Apple Inc.
Importance 0.0 Sentiment 0.0
cnt
South Korea
Importance 0.0 Sentiment 0.0
stock
Nvidia
Importance 0.0 Sentiment 0.0
stock
Samsung Electronics
Importance 0.0 Sentiment 0.0
Relationships
DEEPX related ↔ Lokwon Kim
Hyundai Motor Company related ↔ Apple Inc.
Hyundai Motor Company related ↔ South Korea
Hyundai Motor Company related ↔ Nvidia
Hyundai Motor Company related ↔ Samsung Electronics
Apple Inc. related ↔ South Korea
Apple Inc. competitor ↔ Nvidia Apple competes directly with Nvidia in the rapidly evolving artificial intelligence sector and for the position of the w
Apple Inc. related ↔ Samsung Electronics
South Korea related ↔ Nvidia
South Korea related ↔ Samsung Electronics
Nvidia customer ↔ Samsung Electronics Nvidia is a major customer of Samsung Electronics for high-bandwidth memory (HBM) and foundry services, while also suppl
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.