Furiosaaia Korean startup that creates chips for AI applications, rejects a $800 million acquisition offer from Meta and chooses to instead focus on developing and producing AI chips. According to local media reports.
The report says that negotiations have collapsed due to differences in opinion regarding post-acquisition business strategies and organizational structures rather than pricing issues.
Along with other tech companies building large language models (LLMS) for a variety of AI applications, Meta is looking to reduce its dependence on NVIDIA for chips specialized in training and building LLMS. Last year’s high-tech giant unveiled custom AI chips. January He said he will invest up to $65 billion this year to support the AI initiative.
Furiosaai did not respond to requests for comment. Meta did not immediately respond to requests for comments outside of normal business hours.
Meanwhile, Furiosaai is It is reportedly said that in the lecture Investors have raised approximately $48 million (KRW 70 billion) and are aiming to raise funds this month.
Founded in 2017 by June Paik, who worked for Samsung Electronics and AMD, Furiosaai developed two AI chips. Warboy and Rebels (RNGD)He will take on Nvidia, AMD, and more.
The startup says it has partnered with LG AI Research and Aramco to complete the test of the RNGD chip, which has completed testing of the RNGD chip. Reportedly, LG AI research is planned Use RNGD AI Infrastructure chips and startups are planning to launch chips later this year.
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