Meta is reportedly in talks to accumulate a South Korean chip agency because the social media big seems to bolster its AI {hardware} infrastructure.
Meta may announce its intent to buy FuriosaAI, a chip startup based by former Samsung and AMD staff, as quickly as this month, per Forbes. FuriosaAI develops chips that pace up the operating and serving of AI fashions, together with text-generating fashions like Meta’s Llama 2 and Llama 3.
To this point, FuriosaAI has raised 90 billion Korean gained (round $61.94 million) from traders, together with South Korean tech firm Naver, according to Crunchbase. The corporate has beforehand stated it’s engaged with unnamed potential clients within the U.S., Japan, and India.
Meta’s transfer is probably going an effort to scale back its reliance on dominant chipmaker Nvidia and a complement to Meta’s in-house makes an attempt to construct environment friendly AI accelerator chips. Meta just lately stated that it expects to spend up to $65 billion this year to power its AI goals.