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Sushant Kale

Strategy | CEO’s Off... • 25d

🧠 The $800M “no” to Meta When a startup says no to nearly a billion dollars, you pay attention. South Korea–based FuriosaAI, which designs high-performance chips for artificial intelligence, just turned down an $800M acquisition offer from Meta. Instead of cashing out, the company is doubling down on independence — betting that the AI chip war is just getting started, and they’ve got what it takes to go the distance. It’s a gutsy move in a field dominated by giants. Nvidia rules the AI chip market, and Meta’s been racing to reduce its dependence on external hardware. Furiosa’s rejection signals confidence not just in its tech, but in a broader trend: AI infrastructure is the new oil, and startups with the right product might no longer need a Big Tech lifeline. Also, as semiconductors become a geopolitical flashpoint, countries like South Korea are eager to develop their champions. Furiosa might just be next in line.

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