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

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 negotiations to break down, the report said.

Along with other tech companies building large language models (LLMs) for various AI…