- Furiosai and Openai ran a chatbot in Seoul -Demo using custom RNGD chips
- The Korean startup rejected Metas Buyout offer of $ 800 million earlier this year
- Demonstration showed that Enterprise AI models can run sustainably without GPUs
Furiosaa and Openai recently held a joint demonstration in Seoul, South Korea, at the opening of Openai’s new office showing the open GPT-OSS 120B model running on Furiosaai’s hardware.
The demonstration (as you can see below) contained a real-time chatbot powered by two of Furiosaai’s RNGD accelerators (pronounced “Renegade”), the company’s flagship inferencing chip.
The model was run using the MXFP4 Precision, a format that lowers energy consumption while maintaining the accuracy needed for business use.
Furiosai was the only hardware company invited to attend the event, and the setup demonstrated that the large-scale Open Source models can work within the power budgets for standard data centers without the heavy energy costs and infrastructure requirements often associated with GPUs.
Furiosaa was founded in 2017 by CEO June Paik, and specializes in AI chip design and employs about 140 employees. More than 90 percent are developers, including engineers with experience at Google, Qualcomm and Samsung.
The company’s RNGD flagship product was first presented on Hot Chips 2024.
It is a high performance AI-Inferenschip built on TSMCS 5NM process with double HBM3 memory and based on Furiosaai’s Tensor Contraction Processor Architecture.
The design improves efficiency by maximizing parallelism and reducing unnecessary calculation.
Furiosaa recently secured a $ 125 million Serie C Bridge Funding Round and signed a partnership with LG AI Research.
The company’s hardware has already been used in company installations and tested for efficiency and reliability.
The startup has also drawn interest from global technology companies. We reported back in April that Meta had offered an offer of $ 800 million (1.2 trillion won) to the company.
Furiosaa rejected the acquisition, despite the fact that it was approx. $ 300 million above the start -up’s estimated market value because it disagreed with the planned direction after acquisition.
Industrial observers say the Seoul demonstration points to the increasing importance of specialized hardware as AI models continue to grow in size and complexity.
With energy and infrastructure costs that continue to hover, startups like Furiosaa push their chips as an affordable solution that fits in business budgets.



