Forbes February 11, 2025
John Kang

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

Meta is in talks to acquire South Korean AI chip startup FuriosaAI, according to people familiar with the matter, a deal that could boost the social media giant’s custom chip efforts amid a shortage of Nvidia chips and a growing demand for alternatives.

The deal could be completed as early as this month, one of the people said. Mark Zuckerberg’s company is one of several companies in talks to acquire FuriosaAI, said another person familiar with the matter. A FuriosaAI spokesperson declined to comment on the “speculation,” citing policy. Meta did not immediately respond to a request for comment.

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Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
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