FuriosaAI Rejects $800M Acquisition Offer From Meta, Focuses On AI Chip Development

by THEFUTURE.TEAM

March 24, 2025

FuriosaAI, a South Korean startup specializing in AI chips, has turned down an $800 million acquisition offer from Meta, opting instead to continue developing its AI chip technology, according to reports from local media.

The breakdown in negotiations was reportedly due to differences in business strategy and organizational structure post-acquisition, rather than concerns over the offered price.

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Meta, which has been actively working to reduce its dependence on Nvidia for chips used in training large language models (LLMs), had shown interest in FuriosaAI’s specialized chips. The tech giant unveiled its custom AI chips last year and committed up to $65 billion for AI investments in 2025. However, FuriosaAI’s plans remain focused on refining and producing its AI chips, Warboy and Renegade (RNGD), which aim to challenge industry leaders like Nvidia and AMD.

Despite rejecting the acquisition, FuriosaAI is reportedly in discussions with investors to raise around $48 million (KRW 70 billion), with plans to finalize the funding this month. The startup has successfully tested its RNGD chips in collaboration with LG AI Research and Aramco, with LG reportedly planning to incorporate these chips into its AI infrastructure. FuriosaAI is on track to launch the RNGD chips later this year.

Founded in 2017 by June Paik, a former Samsung Electronics and AMD executive, FuriosaAI is positioning itself as a key player in the rapidly evolving AI chip market.

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Mobile Apps Surpass Games Globally In 2025 As AI Fuels Unprecedented Growth

by THEFUTURE.TEAM

January 22, 2026

In a landmark shift for the mobile industry, 2025 marked the first year that global consumer spending on non-game mobile apps exceeded that of mobile games. Market intelligence firm Sensor Tower reported in their annual State of Mobile report that worldwide spending on apps reached approximately $85 billion, a 21% increase year-over-year and nearly 2.8 times higher than five years ago.

Generative AI Drives Revenue And User Engagement

The rapid ascendance of generative AI has been a major catalyst in this growth. Revenue from in-app purchases in the generative AI category more than tripled in 2025 to exceed $5 billion, while downloads doubled to 3.8 billion. Leading the charge were AI assistants, with top performers including OpenAI’s ChatGPT, Google Gemini, and DeepSeek. Notably, ChatGPT generated $3.4 billion in global in-app purchase revenue, underscoring its critical role in reshaping consumer behavior.

Surge In Engagement And Session Metrics

Consumer engagement reached new heights, with users spending 48 billion hours in generative AI apps—3.6 times more than in 2024 and 10 times the volume of 2023. Session volume surpassed one trillion, indicating that existing users were deepening their interaction with these apps at a rate that outpaced new downloads. This intense engagement is reflective of how seamlessly AI is integrating into everyday mobile activities.

Big Tech Intensifies The AI Battle

Big technology players, including Google, Microsoft, and X, have significantly ramped up their investments in AI assistants to compete with ChatGPT. Their concerted efforts have led to rapid advancements in coding assistance, content generation, and multimedia capabilities. Recent upgrades such as ChatGPT’s GPT-4o image generation model and Google’s Nano Banana exemplify the transformative improvements that are driving consumer adoption.

Consolidation And Expansion In The AI Space

Among the top AI publishers, OpenAI and DeepSeek commanded nearly 50% of global downloads—a substantial increase from 21% in 2024. Concurrently, big tech publishers grew their market share from 14% to nearly 30%, effectively crowding out early ChatGPT alternatives. In addition to AI assistants, other innovative apps, including AI music generation by Suno, ByteDance’s text-to-video solution Jimeng AI, and companion apps such as Character.ai and PolyBuzz, contributed to the expanding AI ecosystem.

Mobile: The Key Connector To Generative AI Services

Sensor Tower’s report underscores the critical role of mobile platforms in mobilizing access to generative AI. In the United States alone, the total audience for AI assistants topped 200 million by year-end, with more than half (110 million) relying exclusively on mobile devices. This stark contrast to the 13 million mobile-only users in 2024 highlights a significant shift in consumer preferences and the increasing indispensability of mobile applications as conduits for innovative AI technologies.

Diverse Revenue Streams Beyond AI

While AI was the dominant revenue driver, the report also notes robust contributions from social media, video streaming, and productivity apps. In particular, social media apps commanded an average of 90 minutes of daily user engagement, culminating in nearly 2.5 trillion hours spent globally—a 5% year-over-year increase. This diversity in revenue streams underscores the resilience and dynamism inherent in the mobile app ecosystem.

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