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.

FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $800 million acquisition offer from Meta, opting instead to focus on developing and producing its AI chips, according to a local media report.

Disagreements over post-acquisition business strategy and organizational structure, rather than price issues, caused the nego…