FuriosaAI Raises $620 Million as Valuation Reaches $2.9 Billion

South Korean chipmaker FuriosaAI has raised $620 million in a Series D round, valuing the company at $2.9 billion post-money as it scales production of its RNGD inference accelerator. Bloomberg described the new valuation as roughly four times the previous mark; that earlier valuation was reported at $735 million. FuriosaAI announced the round on October 28.