FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
AI chip startup FuriosaAI declined an $800 million acquisition offer from Meta, citing disagreements over business strategy and organizational structure. FuriosaAI is reportedly in talks to raise $48 million in funding. The company, founded in 2017, has developed two AI chips and aims to launch its Renegade (RNGD) chips later this year. Meta is seeking to reduce its reliance on Nvidia for AI chips.
