According to Forbes, Meta (formerly known as Facebook) is actively negotiating to acquire a South Korean chip startup named FuriosaAI. This move aims to enhance Meta's artificial intelligence hardware infrastructure to meet the growing demand for AI. FuriosaAI was founded by several former employees of Samsung and AMD, focusing on developing chips that can accelerate the operation of AI models, suitable for Meta's text generation models, such as Llama2 and Llama3.
Image Source Note: Image generated by AI, licensed by Midjourney
FuriosaAI's technology not only enhances the efficiency of AI models but also supports Meta's competitiveness in this field. According to data from Crunchbase, the company has successfully raised 90 billion Korean Won (approximately 61.94 million USD) from investors, including the South Korean tech company Naver. Additionally, FuriosaAI is also engaging with potential clients in the United States, Japan, and India, showcasing its potential for global market expansion.
Meta's acquisition plan may be aimed at reducing its reliance on the industry-leading chip manufacturer NVIDIA. In recent years, NVIDIA's dominance in the AI hardware market has become increasingly significant, and Meta hopes to strengthen its position in the AI field through in-house development and acquisitions of emerging companies. At the same time, Meta is also working on building more efficient AI acceleration chips, and the addition of FuriosaAI will help enrich its hardware ecosystem.
According to a recent announcement from Meta, the company is expected to spend up to 65 billion USD in 2023 to achieve its AI goals. This ambitious plan demonstrates Meta's commitment to the future development of AI technology and indicates the company's ongoing investment in technological innovation and infrastructure development.
The potential acquisition of FuriosaAI provides new momentum for Meta's development in the AI field, and it is anticipated that Meta will officially announce this acquisition intention in the coming months.
Key Points:
🌟 Meta is negotiating to acquire the South Korean chip company FuriosaAI to enhance its AI hardware infrastructure.
💡 The chips developed by FuriosaAI can accelerate the operation of Meta's text generation models.
💰 Meta plans to invest up to 65 billion USD in 2023 for its artificial intelligence goals.