FuriosaaiA South Korean startup that manufactures fleas for AI applications, has rejected an acquisition offer of Meta $ 800 million, opting rather to focus on the development and production of its AI chips, According to a local media report.
Disagreements on post-acquisition commercial strategy and organizational structure, rather than price problems, caused the negotiations to break, according to the report.
With other technological companies creating models of large languages (LLM) for various AI applications, Meta has tried to reduce its dependence on Nvidia for specialized fleas for the training and construction of LLM. The technology giant last year unveiled its personalized AI chips, and in January said he would invest up to $ 65 billion this year to support his AI initiatives.
Furiosaai did not respond to a request for comments. Meta did not immediately respond to a request for comments outside regular work hours.
Meanwhile, Furiosaai is would have been in talks With investors to remove around $ 48 million (KRW 70 billion) and aims to finish fundraising this month.
Founded in 2017 by June Paik, who previously worked at Samsung Electronics and AMD, Furiosaai developed two AI chips, called Warboy And Renegade (RNGD)To face NVIDIA and AMD.
The startup said that she had finished the RNGD chip test, which would be best suited to reasoning models, in partnership with LG AI Research and Aramco. LG AI Research provides for Use RNGD Chips in its AI infrastructure, and the startup plans to launch the fleas later this year.
