AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
LG Eyes Homegrown AI Advancements with Furiosa Chips to Challenge Nvidia's Reign
Generated by AI AgentWord on the Street
Wednesday, Oct 16, 2024 5:00 am ET1min read
LG Electronics is reportedly moving to integrate Furiosa AI's RNGD chips into its data centers, as per a recent report from Seoul Economic Daily. This strategic shift aims to reduce the company's reliance on Nvidia, a dominant player in the AI chip market.
Furiosa AI, a South Korean startup, has delivered two servers equipped with eight RNGD chips each to LG. The tech giant is currently conducting a series of tests on these chips to determine if they meet the performance requirements of their in-house developed Exaone AI model.
The rigorous testing process is expected to conclude by the end of November 2024. This move reflects LG's broader strategy of diversifying its technology providers and enhancing its technological self-sufficiency.
The adoption of Furiosa AI's technology indicates LG's confidence in the potential of homegrown innovations to compete with established international solutions. Should the tests prove successful, this could mark a significant milestone in LG's efforts to carve a niche in the AI domain while fostering local tech ecosystems.
Word on the Street
Stay ahead with real-time Wall Street scoops.
Latest Articles
Silver Prices Hit New Highs As Supply Deficit Meets Industrial Demand
Dec.26 2025
Sapporo Sells $2.6B Real Estate Unit to KKR-PAG Consortium
Dec.26 2025
AST SpaceMobile Scales Operations With BlueBird 6 Satellite Deployment
Dec.26 2025
PG&E (PCG) Issues Automatic Bill Credits After San Francisco Outage
Dec.26 2025
Frontier Airlines Navigates Turbulent Industry Conditions Heading Into 2026
Dec.26 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet