New Delhi, July 24 (UNI) FuriosaAI Inc., a South Korean Semiconductor startup with specialization in the development of AI inference chips, has partnered with LG Corporation (a South Korean conglomerate) for an ambitious launch of an enterprise-grade solution.
LG Corp’s large language model (LLM) Exaone (developed by LG’s AI research division) fully acquired the second-generation AI inference model Renegade of FuriosaAI. Now, both companies plan to launch an enterprise-grade solution.
This deal highlights that LG will integrate RNGD chips into Exaone servers. RNGD chips refer to a new line of AI inference chips developed by FuriosaAI. These chips are specially designed to deal with high-performing data centers with a focus on deep learning inference.
June Paik (chief executive officer of FuriosaAI) termed this partnership as a “watershed moment.” Paik also pointed out the efforts they put into this project over the previous eight years. He emphasized that now the product is ready for enterprise adoption.
Analysts pointed out that LG’s embrace of “Renegade” is again showing a boom in the realm of major AI investments. It also showed the popularity of LLM (large language models) in handling complex technological processes with ease.
