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Instead of selling to Meta, AI chip startup FuriosaAI signed a huge customer


South Korean AI chip startup FuriosaAI announced a partnership on Tuesday to supply its AI chip, RNGD, to enterprises using LG AI Research's recently

Meta’s interest in acquiring AI chipmakers like FuriosaAI reflects its broader strategy to reduce its reliance on third-party suppliers, such as Nvidia. When asked why the deal with Meta fell through, CEO of FuriosaAI June Paik told TechCrunch: “We want to continue our mission, and I think it’s an exciting opportunity at the same time. FuriosaAI claims that its RNGD accelerator outperformed competitive GPUs with LG AI Research’s EXAONE models, delivering 2.25 times better inference performance.

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