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

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

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Meta had been in discussions about acquiring Seoul-based FuriosaAI since the start of this year, said the person, who asked not to be identified as the matter is private. A representative for FuriosaAI declined to comment. Meta…