AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta

An Nvidia Competitor Just Turned Down Meta's $800 Million Offer to Buy It. Here's Why.

FuriosaAI turned down Meta's offer to acquire it for $800 million, preferring instead to operate as an independent AI chipmaker. FuriosaAI competes against industry giants like Nvidia and AMD.

Chipmaker FuriosaAI says no to Meta’s $800 million offer

Meta wants to bolster its custom AI chip plans....

FuriosaAI, a South Korean company that manufactures chips for AI, rejects a purchase bid for 800 million dollars from Meta.

FuriosaAI rejects Meta’s $800 mn bid as South Korean firm gears up to challenge NVIDIA

FuriosaAI is looking to raise approximately $48 million this month and the firm has already opened talks with investors. As of now, the South Korean startup has developed two AI chips, called Warboy and Renegade (RNGD), as it hopes to put up a fight against NVIDIA.

AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta

FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.

AI Chip Startup FuriosaAI Rejects Meta’s $800 Million Offer

Korean chip startup FuriosaAI has turned down an $800 million takeover offer from Meta Platforms Inc., choosing instead to grow the business as an independent company, a person with knowledge of the matter said.