Artificial intelligence chip designer FuriosaAI is seeking to raise as much as $500 million in a funding round before an initial public offering as it gears up to challenge industry titan Nvidia Corp., according to people with knowledge of the matter. 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 ...