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FuriosaAI , a South Korean inauguration that makes chipping for AI software , has rejected an $ 800 million accomplishment offer from Meta , opting instead to focus on developing and producing its AI crisp , according to a local medium report .
Disagreements over post - acquisition business scheme and organizational structure , rather than price issues , caused the negotiations to break down , the paper enjoin .
Along with other tech company building large language models ( LLMs ) for various AI app program , Meta has been strain to reduce its trust on Nvidia for chips that are specialized for training and building LLMs . The technical school giantlast class unveiledits custom AI chip , andin Januarysaid it would adorn up to $ 65 billion this class to patronize its AI opening .
FuriosaAI turn down to notice on it . Meta did not immediately react to a request for comment outside regular clientele hour .
Meanwhile , FuriosaAI isreportedly in talkswith investor to lift around $ 48 million ( KRW 70 billion ) , and aims to fill in the fundraise this month .
Founded in 2017 by June Paik , who previously worked at Samsung Electronics and AMD , FuriosaAI has developed two AI cow dung , calledWarboyandRenegade ( RNGD ) , to take on the likes of Nvidia and AMD .
The startup has say it has complete testing the RNGD chips , which are say to be comfortably suited for logical thinking models , in partnership with LG AI Research and Aramco . LG AI Research reportedly project touse RNGDchips in its AI base , and the startup plans to launch the chips afterward this year .
