South Korean AI chip startup FuriosaAI introduced a partnership on Tuesday to produce its AI chip, RNGD, to enterprises utilizing LG AI Analysis‘s just lately unveiled EXAONE platform.
RNGD is optimized for operating massive language fashions (LLMs) and simply final week, the Korean tech large LG unveiled its next-generation hybrid AI mannequin EXAONE 4.0. The collaboration targets key sectors, together with electronics, finance, telecommunications, and biotechnology, for a variety of numerous functions.
This information comes roughly three months after FuriosaAI declined Meta’s $800 million acquisition provide, opting to stay impartial.
The deal fell by because of disagreements over post-acquisition enterprise technique and organizational construction, relatively than worth points, in keeping with native media retailers. Meta’s curiosity in buying AI chipmakers like FuriosaAI displays its broader technique to scale back its reliance on third-party suppliers, comparable to Nvidia.
When requested why the take care of Meta fell by, CEO of FuriosaAI June Paik instructed TechCrunch: “We need to proceed our mission, and I feel it’s an thrilling alternative on the identical time. I imagine it’s a really impactful contribution, each personally and for the corporate, to make AI computing extra sustainable.”
With M&A (at the very least from Meta) off the desk, Paik declined to specify if the startup is now in pursuit of recent funding.
Nonetheless, Paik says this new partnership will result in enterprise potentialities far past South Korea.
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“LG AI’s EXAONE is considered the main sovereign AI mannequin in South Korea. It gained’t be used simply inside LG. It is going to be one of many primary AI fashions used within the Korean AI ecosystem. We anticipate there will probably be many calls for for this EXAONE, in addition to for our chip options in South Korea, however not solely in Korea. The LG staff can be partnering with and doing enterprise with international prospects. So, we additionally anticipate this for use by these prospects, together with international prospects,” Paik stated.
LG AI’s determination to undertake Furiosa’s AI chip and accelerator is notable for an additional purpose: it’s one of many few public endorsements of a rival to Nvidia by a significant enterprise, Paik stated. One main purpose for the win is that the startup’s {hardware} prices much less.
“We needed to show that our resolution not solely delivers sturdy efficiency but additionally lowers complete value of possession,” Paik stated.
FuriosaAI claims that its RNGD accelerator outperformed aggressive GPUs with LG AI Analysis’s EXAONE fashions, delivering 2.25 occasions higher inference efficiency. Paik additionally says that LG discovered the FuriosaAI {hardware} was extra vitality effectivity.
Furiosa’s chip will not be a basic GPU however was constructed solely for AI. “We are able to help all kinds of AI fashions effectively. However not like GPUs, that are nonetheless basically general-purpose processors, our structure is natively constructed for AI computing. We don’t develop our chip for rendering or mining,” Paik stated.
The Seoul-based startup, which additionally operates an workplace in Santa Clara, has a worldwide staff of simply 15 workers.
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