Report: Meta in talks to acquire AI chip firm FuriosaAI

Group 1 - Meta is reportedly in talks to acquire FuriosaAI, a South Korean chip startup, to enhance its AI hardware infrastructure [1] - FuriosaAI has raised 90 billion Korean won (approximately $61.94 million) from investors, including Naver [2] - The acquisition aims to reduce Meta's reliance on Nvidia and complements its in-house efforts to develop efficient AI accelerator chips [3] Group 2 - FuriosaAI develops chips that accelerate the running and serving of AI models, including Meta's Llama 2 and Llama 3 [1] - Meta plans to spend up to $65 billion this year to support its AI initiatives [3] - FuriosaAI is engaged with potential customers in the U.S., Japan, and India [2]