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AI chip startup FuriosaAI plans $500-M round before IPO
Business World Philippines
|January 21, 2026
ARTIFICIAL INTELLIGENCE (AI) chip designer FuriosaAI is seeking to raise as much as $500 million in a funding round before an initial public offering (IPO) as it gears up to challenge industry titan Nvidia Corp., according to people with knowledge of the matter.
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The Seoul-based startup has appointed Morgan Stanley and Mirae Asset Securities Co. as co-advisers for the Series D round, and is targeting $300 million to $500 million in the round, the people said, asking not to be identified because the details aren’t public.
This story is from the January 21, 2026 edition of Business World Philippines.
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