Meta in talks to acquire South Korea’s FuriosaAI, Forbes reports

Meta Platforms (META) is in talks to acquire South Korean artificial intelligence chip startup FuriosaAI and a could be completed as early as this month, John Kang of Forbes reports, citing people familiar with the matter. Meta is one of several companies in talks to acquire FuriosaAI, a source told Forbes. The website says the takeover could boost Meta’s custom chip efforts amid a shortage of Nvidia (NVDA) chips and a growing demand for alternatives.