Gwangju, South Korea – Furiosa AI, a prominent South Korean fabless semiconductor company specializing in AI inference acceleration for data centers, has announced a strategic partnership with Gwangju Metropolitan City. This move comes after the company reportedly turned down a substantial acquisition offer of 800 million USD (approximately 1.2 trillion KRW) from tech giant Meta, underscoring its confidence in its independent growth trajectory.
Furiosa AI, recognized for its cutting-edge AI chip designs, including its first-generation 'Warboy' launched in August 2021 and the advanced second-generation 'Renegade' unveiled last April, has garnered significant attention within the global technology sector. The 'Renegade' chip is specifically engineered for the demanding computational tasks of large-scale AI model inference, making it ideal for deployment in data centers and cloud AI environments.
The decision by Furiosa AI to establish a liaison office in Gwangju signals a commitment to leveraging the city's burgeoning AI ecosystem. Gwangju is strategically positioning itself as a national hub for artificial intelligence, notably hosting the National AI Data Center and actively attracting related businesses.
This collaboration is not Furiosa AI's first engagement with Gwangju. The company previously benefited from the city's 'Establishment of a National Semiconductor Test and Verification Environment' project during the development phase of its 'Warboy' chip, receiving crucial support for performance validation and international standard certifications.
Baek Jun-ho, CEO of Furiosa AI, expressed enthusiasm about the partnership, stating, "Our past experience with the AI semiconductor demonstration project in Gwangju was instrumental in our technology development. We are eager to collaborate closely with Gwangju City to supply our domestically produced AI semiconductors to the region and further refine our technology through real-world service demonstrations."
Furiosa AI joins a growing cohort of AI-focused companies choosing Gwangju as their operational base. Since September of last year, five fabless semiconductor firms, including ASICLAND, have signed MOUs with the city, with several expected to open their Gwangju offices this month. Adding to this momentum, Isleem Korea, a leading domestic supplier of high-performance IT infrastructure to major South Korean tech companies, has also forged a partnership with Gwangju.
Gwangju Mayor Kang Ki-jung emphasized the city's strategic advantages, stating, "Gwangju boasts a robust AI infrastructure, including the National Data Center, coupled with a strong pipeline of skilled professionals graduating from our universities. We are committed to fostering an environment where AI companies like Furiosa AI can thrive and contribute to Gwangju's emergence as a leading AI city by 2029."
This influx of AI expertise and innovation positions Gwangju as a significant player in South Korea's rapidly expanding artificial intelligence landscape.
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