DeepX

Overview

DeepX is a leading AI technology company specializing in developing on-device AI semiconductors and computing solutions across various sectors. Founded in 2018 by Lokwon Kim, the company is based in Gyeonggi-do, South Korea. DeepX focuses on creating high-performance AI chips for applications like drones, robotics, and smart cities. As of 2025, the company had raised approximately $103 million over numerous funding rounds, and is valued at $529 million.

Recent Developments

  • August 2025: DeepX has formed a strategic partnership with Baidu to develop on-device AI solutions that accelerate global AI projects, including drones, robotics, and optical character recognition (OCR).
  • August 2025: The company hired Morgan Stanley to oversee a new funding round, anticipating an initial public offering (IPO) in 2027.
  • July 2025: Announced a partnership with DeGirum to integrate their AI processors with DeGirum's software stack, aiming to simplify edge AI solutions across diverse environments.
  • June 2025: DeepX's DX-M1 chip was successfully demonstrated in mass production on Baidu's AI models, achieving high performance and energy efficiency.
  • May 2025: Showcased AI semiconductor achievements and interoperability at CES 2025 in Las Vegas.
  • January 2025: Released DeepEX 2025, a powerful software for deep excavation design, highlighting enhanced features for 3D projects.

Company Information

AttributeInformation
Founding Date2018
HeadquartersGyeonggi-do, South Korea
FoundersLokwon Kim
RevenueUnknown
ProfitsUnknown
Key InvestorsShinhan Bank, Pathfinder H, Capstone Partners
IndustryAI Semiconductor
Number of Employees~65

Early History

DeepX was founded in 2018 by Lokwon Kim, a former Apple and IBM employee, with a vision of developing AI semiconductors that make AI pervasive across electronic devices. The startup quickly garnered attention by producing neural network processing units (NPUs) designed for low-power, high-performance on-device AI applications. By focusing on energy efficiency and AI chip capability, DeepX has developed a niche in the market, attracting investment from major financial entities like Shinhan Bank and corporate partners across various industries including Hyundai Kia Motors Robotics Lab and POSCO DX.

Company Profile and Achievements

DeepX operates within the AI semiconductor industry, focusing on developing high-efficiency chips for various applications such as robotics, smart cities, and surveillance systems. Notable milestones include:

  • Developing the DX series chips for edge computing applications, emphasizing low-power consumption and high AI performance.
  • Establishing partnerships with over 100 global companies, expanding its influence and client base across China, the U.S., and Taiwan.
  • Awarded over 350 patent applications in AI chip development, showcasing significant innovative prowess.
  • Participating in prestigious events like CES 2025, showcasing their technological advancements and mass production readiness.

Current Operations and Market Position

DeepX is currently recognized as a front-runner in the on-device AI semiconductor market, emphasizing its competitive strengths in energy efficiency, high performance, and a broad application scope across smart infrastructure. Their strategic partnerships with major industry players like Baidu and DeGirum aim to solidify their market position and expand AI adoption globally. With strategic initiatives focusing on enhancing their chip capabilities for real-time applications, DeepX is positioned to address growing demands in the industrial, automotive, and consumer electronics sectors.

Conclusion

DeepX has established itself as a significant player in the AI semiconductor industry, known for its innovative low-power, high-performance designs. With strategic partnerships and alliances with industry leaders, the company is well-prepared to address the evolving demands in AI integration for edge devices. Moving forward, DeepX's focus on enhancing semiconductor technology could allow it to dominate the AI chip market, drive further innovation, and potentially enter new markets globally. Their trajectory towards an IPO in 2027 suggests a strong growth path and an increasing influence in the technological landscape.

References

  1. DeepEX 2025 Announcement
  2. DeepX-Baidu Partnership
  3. Funding and Valuation
  4. DeepX at CES 2025
  5. DeepX Overview
  6. Crunchbase DeepX Profile
  7. AI Partnership Announcement
  8. DeepX IPO Plans
  9. Company Headquarters and Founders
  10. Market Position