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AI and Data Centre Chips

FuriosaAI raises US$620 million in a Series D for its RNGD inference chips at a post-money valuation of about US$2.9 billion

What changed

South Korean chip designer FuriosaAI says it has completed a US$620 million (KRW 820 billion) Series D round, with Korea's National Growth Fund the largest investor at US$280 million and international investors contributing US$110 million. The company says it expects to produce 20,000 RNGD accelerators in 2026 and more than 40,000 in 2027 (company plans), and that RNGD is a 180 W air-cooled card. It is working with Broadcom on its third-generation accelerator. Performance comparisons in the release are company claims.

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Read the original: FuriosaAI via Design & Reuse: FuriosaAI raises US$620 million in a Series D for its RNGD inference chips at a post-money valuation of about US$2.9 billion (opens in a new tab)
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