Artificial intelligence (AI) data specialist company BQAI announced on the 28th that it participated as a major investor in the 'JW-Conan AI Next Leader Fund'.
This fund is jointly managed by JW Asset Management and Conan Investment, and the investment target is Furiosa AI, which is attracting attention for its next-generation AI semiconductor technology. BQ AI’s investment is a strategic decision that focuses on the growth potential of the domestic AI semiconductor industry, and is interpreted as a result of highly evaluating Furiosa AI’s technological competitiveness and scalability in the global market.
Furiosa AI is currently in the process of technological advancement and commercialization preparations centered around its self-developed high-performance inference AI semiconductor, Renegade. Recently, it received an acquisition offer worth approximately 1.2 trillion won from global big tech company Meta, but it is continuing to strengthen its technological leadership in the market by choosing an independent growth strategy. It is expected that this investment will further accelerate product mass production and market share expansion.
Through this investment, BQ AI plans to expand mid- to long-term investment in innovative technologies in the AI semiconductor sector and contribute to strengthening the ecosystem of the entire AI industry. The company stated that this investment is a strategic decision to drive the development of the domestic AI industry beyond simple financial participation.
A BQ AI official said, “We decided to make this investment after paying attention to the future growth potential of domestic AI semiconductor technology,” and “We will continue to seek opportunities for cooperation to discover new businesses and secure global competitiveness in the future.”
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