Report: Meta in talks to acquire AI chip firm FuriosaAI
Briefly

Meta is reportedly in acquisition talks with FuriosaAI, a South Korean chip startup founded by former employees from Samsung and AMD. FuriosaAI specializes in developing chips that enhance the performance of AI models, such as Meta's Llama 2 and Llama 3. This acquisition could help Meta decrease its reliance on major chip supplier Nvidia. The startup has secured around $61.94 million in funding from various investors, including tech giant Naver, and has expressed interest in collaborating with potential customers in the U.S., Japan, and India.
Meta is reportedly pursuing the acquisition of FuriosaAI, a South Korean chip startup, to enhance its AI hardware infrastructure and reduce dependence on Nvidia.
FuriosaAI, backed by significant investments, develops chips for accelerating AI models, crucial for Meta's upcoming Llama 2 and Llama 3 functionalities.
Read at techcrunch.com
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