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Rableup eyes global market ahead of IPO, targets 57.9 billion won revenue in 2029

AI infrastructure software company Rableup plans to target global markets with integrated operations technology for heterogeneous AI accelerators and more than 10 years of experience. It aims to expand investment in next-generation AI semiconductor compatibility and overseas business after a KOSDAQ listing. Its flagship Backend.AI supports end-to-end AI infrastructure operations. Rableup reported 6.72 billion won revenue and 679 million won operating profit last year and set a 57.9 billion won revenue target for 2029.