2025-03-25 09:00:03.AIbase.16.6k
FuriosaAI, a South Korean AI Chip Startup, Rejects $800 Million Acquisition Bid from Meta
South Korean media reports that FuriosaAI, a startup specializing in AI application chips, recently rejected an $800 million acquisition offer from tech giant Meta. FuriosaAI stated it will continue focusing on independent R&D and production of its AI chips. The report indicates that the breakdown of acquisition talks stemmed from disagreements on business strategy and organizational structure, not the acquisition price itself. Similar to many tech companies building large language models (LLMs), Meta...