Instead of selling to Meta, AI chip startup FuriosaAI signed a huge customer

FuriosaAI, a South Korean AI chip startup, has announced a partnership with LG AI Research to supply its AI chip, RNGD, for use in LG's recently launched EXAONE platform. The RNGD chip is optimized for running large language models (LLMs). This collaboration comes just a week after LG unveiled its EXAONE 4.0, a next-generation hybrid AI model. The partnership is significant as it suggests that FuriosaAI has chosen to focus on enterprise customers rather than selling to tech giants like Meta (Facebook). The move highlights the startup's strategic decision to build long-term relationships with clients and diversify its customer base, rather than relying on a single major buyer. The collaboration between FuriosaAI and LG AI Research is expected to accelerate the adoption of advanced AI technologies in enterprise applications, providing customers with access to powerful AI capabilities tailored to their specific needs.