Reports show meta of the talk to acquire AI chip company Furiosaai

Meta is reportedly giving a talk to acquire a Korean chip company as the social media giant is trying to bolster its AI hardware infrastructure.

Meta may announce its intentions Buy You were angryForbes, a chip startup founded by former Samsung and AMD employees. Furiosaai develops chips that speed up execution and serving of AI models, including text generation models like meta Llama 2 and Llama 3.

So far, Furiosaai has raised 90 billion South Korean victory (approximately $61.94 million) from investors, including South Korean high-tech company Naver. According to CrunchBase. The company previously said it is engaged with unnamed potential customers in the US, Japan and India.

The meta move is likely an effort to reduce reliance on dominant chipmaker nvidia and meta complementation In-house, we try to build efficient AI accelerator chips. Meta recently said it was hoping for This year, spending up to $65 billion to strengthen AI goals.