#FuriosaAI, a Seoul-based #AIchipdeveloper, is reportedly seeking $300 million to $500 million in a Series D funding round. The company’s flagship #RNGD chip is optimised for #tensorcontraction, a mathematical operation that can produce the same results as #matrixmultiplication more efficiently, leading to faster #AIperformance. https://siliconangle.com/2026/01/19/ai-chip-developer-furiosaai-reportedly-raising-500m/?Pirates.BZ #Pirates #Tech #Startup #News