Energy-efficient inference chip developer FuriosaAI raises $620M to solve the data center power bottleneck
South Korean inference chip startup FuriosaAI has raised $620 million in a funding round led by South Korea's National Growth Fund, bringing its valuation to $2.9 billion. The company aims to scale production of its energy-efficient Tensor Contraction Processor chips designed to address the AI data center power bottleneck. FuriosaAI plans to produce 20,000 chips this year and double that number in 2027. Open article →
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