AI chip makerFuriosaAI rejects Meta’s $800m offer

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GlobalData

Mon, Mar 24, 2025, 3:23 AM 1 min read

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FuriosaAI, a South Korean AI spot startup, has rejected an $800m acquisition connection from Meta Platforms, successful bid to stay arsenic an autarkic company.

The latest determination was influenced by differences successful concern absorption and organisational composition, alternatively than price, Bloomberg reported citing a idiosyncratic acquainted with the matter.

FuriosaAI plans to proceed its maturation trajectory independently to bolster its presumption successful the AI spot market, sources told the publication.

Meta had been successful discussions with Seoul-based FuriosaAI since the opening of 2025.

In January 2025, Meta CEO Mark Zuckerberg announced plans to walk up to $65bn to physique a ample information centre and workforce enlargement and aboriginal announced plans to put successful AI infrastructure.

Founded successful 2017, FuriosaAI develops chips specifically designed for businesslike AI programme execution.

The startup, led by June Paik, a erstwhile Samsung Electronics and Advanced Micro Devices executive, develops semiconductors for AI inferencing.

The startup is claimed to person plans to rise superior and prosecute an archetypal nationalist offering.

It is expected to adjacent an extended Series C backing circular soon, surpassing its target.

FuriosaAI presently has astir 150 employees, with 15 based successful Silicon Valley, and is providing spot samples to customers specified arsenic LG AI Research and Saudi Aramco.

FuriosaAI's RNGD spot launched past twelvemonth is built connected Taiwan Semiconductor Manufacturing Co.'s 5-nanometer process, and utilises HBM3 representation chips from SK Hynix.

Earlier successful 2025, FuriosaAI secured a Won2bn ($1.36bn) concern from CRIT Ventures.

In May 2021, FuriosaAI raised Won80bn successful a Series B backing circular with information from Aion Asset Management, Naver, and DSC Investment, The Korea Economic Daily reported.

"AI spot makerFuriosaAI rejects Meta’s $800m offer" was primitively created and published by Verdict, a GlobalData owned brand.

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