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This Startup Is Building a Chip to Save Traders Vital Microseconds South Korea-based Rebellions aims to build a chip that runs AI more efficiently to speed up high-frequency trades.
Bloomberg | Apr 14, 2021
Hooyeon Kim and Whanwoong Choi (Bloomberg) In the unfathomably fast realm of high-frequency trading, a South Korean startup’s plan to build a microchip that speeds markets up by a few microseconds is bound to get some attention.
The company, Rebellions Inc., was set up six months ago in Seoul by Park Sunghyun, who used to work as a quant developer at Morgan Stanley in New York, with two partners. The chip they’re developing aims to run artificial intelligence more efficiently, which could cut precious millionths of a second off the reaction times of automatic-trading machines.
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