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TNW | Investors-funding

FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips

The FuriosaAI Series D quadruples the Seoul chipmaker’s valuation from last year. It plans to make more than 40,000 of its RNGD inference chips in 2027, double this year.

By TNW | Investors-funding

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·Excerpt
FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips
Image: FuriosaAI chief executive June Paik with the company’s RNGD inference card

FuriosaAI, a Seoul-based maker of AI inference chips, has raised $620m in a Series D round. The round values it at about $2.9bn. South Korea’s National Growth Fund put in $280m, making it the largest investor.

The company announced the round in a press release and a blog post. Its previous…

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