According to a local media report, a South Korean startup, which makes chips for AI applications, has rejected Meta’s offer to get $ 800 million, instead of focusing on producing and preparing her AI chips instead.
The report states that the negotiations ended due to differences regarding business strategies and organizational structures after acquisition rather than cost issues.
Along with various tech companies, with the construction of large language models (LLMS) for different AI applications, Meta is trying to reduce its dependence on chips for chips that specialize in training and construction of LLMS. Last year, Tech Dev unveiled his customs AI chips, and in January he said he would invest up to $ 65 billion this year to support his AI measures.
Ferrosai did not respond to a comment. Meta did not immediately respond to the request to comment outside regular business hours.
Meanwhile, allegedly, ferocy are talking to investors to raise about $ 48 million (KRW70 billion) with investors, and aims to raise funds this month.
In 2017, it was established by June Pike, who previously worked in Samsung Electronics and AMD, Ferosai has developed two AI chips, called Warbaye and Renegade (RNGD), so that they can counter the likes of Navalia and AMD.
Startup has said that it has completed an examination of RNGD chips, which is said to be the best suitable for argument models in partnership with LGAI research and Armco. The LG AI research allegedly intends to use RNGD chips in its AI infrastructure, and startup plans to launch chips later this year.
