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Seoul-based AI chip startup FuriosaAI raised a $620M Series D at
Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M
TL;DRSouth Korean AI chip startup FuriosaAI raised $620M, reaching $2.9B valuation to compete with Nvidia.
Why it matters: Non-U.S. AI chip alternatives are gaining traction and capital, potentially breaking Nvidia's near-monopoly grip.
South Korean AI chip startup FuriosaAI quadrupled its valuation to $2.9 billion in a fresh funding round, bolstering its bid to challenge the likes of Nvidia Corp.
Read full articleSource: Bloomberg · Opens in new tab