Tech giant Meta is preparing to acquire the Korean artificial intelligence chip venture FuriosaAI. It is noted that the company aims to produce low-cost chips with this move. Reports in the US media indicate that Mark Zuckerberg’s company Meta has accelerated efforts to acquire the artificial intelligence chip venture FuriosaAI. The acquisition agreement is expected to be completed next month. FuriosaAI specialized in chips that optimize artificial intelligence applications and created Warboy in 2021. Furthermore, in August, they released the advanced accelerator chip RNGD. It is stated that RNGD can be used for Meta’s models like Llama 2 and Llama 3. The cost of the chips produced by FuriosaAI, founded by former Samsung and AMD Engineer June Paik, is said to be half that of Nvidia’s. This move by Zuckerberg marked the company’s latest step in the field of artificial intelligence. Experts noted that Meta aims to capture a share in the low-cost chip market. Analysts expressed that with this acquisition, the company’s shares could experience a $100 increase. Meta announced last month that it would spend $65 billion in 2025, with a significant portion allocated to artificial intelligence infrastructure.