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Swingly @SwinglyHQ on x 1395 followers
Created: 2025-07-22 19:00:01 UTC
Nvidia’s Next Rival? Seoul Startup FuriosaAI Scores Major Win with LG🏆
Seoul startup FuriosaAI is stepping up as a major competitor in the AI chip space, landing its first big customer — LG AI Research.
After seven months of rigorous testing, LG approved FuriosaAI’s RNGD (“Renegade”) chip to power its Exaone large-language models.
This chip boasts 2.25x better inference performance per watt compared to traditional GPUs, putting FuriosaAI in direct competition with $NVDA and other AI chip startups.
📌Here’s the key info:
• Founded in 2017 by former Samsung and AMD engineer June Paik • Rejected an $XXX million acquisition offer from Meta to stay independent • Plans to expand globally, targeting customers in the US, Middle East, and Southeast Asia • RNGD chips will support LG’s AI assistant ChatExaone and diverse industries like electronics and finance • Benefits from South Korea’s strong semiconductor ecosystem and government support
FuriosaAI’s breakthrough signals growing competition in AI infrastructure hardware — a space dominated by Nvidia but now open for challengers.
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