FuriosaAI, a Seoul-based AI chip startup founded in 2017, is making waves in the AI hardware market with its innovative accelerator chips aimed at hyperscale data centers and enterprises. In August 2024, the startup unveiled its advanced AI chip, “RNGD.” The chip is positioned to challenge industry leaders such as Nvidia with a 40% power efficiency advantage over Nvidia’s H100 GPUs and competitive performance metrics. Furthermore, it recently gained attention for its testing and sampling progress with global enterprises like LG AI Research and Aramco.