AI semiconductor startup HyperAccel announced on the 10th that it was named as the '14th Innovation Icon' by the Korea Credit Guarantee Fund.
The Korea Credit Guarantee Fund's Innovation Icon Program identifies and supports the scale-up of startups with high potential for growth into global innovative companies. A total of 143 companies applied for the 14th round, resulting in a competition rate of approximately 29:1. HyperExcel was selected as a leading company in the semiconductor sector.
The selected HyperExcel will receive various support, including credit guarantees of up to KRW 20 billion over the next three years, minimum guarantee rate, additional guarantee fee support from partner banks, and support for overseas expansion, consulting, and promotion.
HyperExcel was highly recognized for simultaneously achieving the real-time responsiveness and cost-effectiveness required for generative AI services, based on high-performance, low-power AI semiconductor (LPU) technology optimized for large-scale language model (LLM) inference. Furthermore, it demonstrated scalability and universal applicability across diverse environments, including data centers, on-premises servers, and edge devices, earning recognition for its growth potential as a next-generation innovative company in the AI semiconductor industry.
HyperExcel is expanding its product portfolio targeting the global generative AI market based on LPU technology, and plans to accelerate its global market penetration through full-scale chip mass production and collaboration with overseas data centers and cloud companies after 2026.
HyperExcel CEO Kim Joo-young said, “It is very meaningful that we have been officially recognized for our technological competitiveness and growth potential through the selection of the Innovation Icon,” and added, “We will continue to create new standards in the global AI semiconductor market by continuing to innovate LPU-based technologies and advance products.”
- See more related articles
You must be logged in to post a comment.