Samsung backs Euclyd’s €200M+ round to challenge Nvidia in AI chips
Tech Funding News 1 month ago 13
Euclyd closed a Series A round led by Samsung to develop AI inference chips aimed at competing with Nvidia. The startup raised more than €200 million, including support from Samsung and ex-ASML chairman Peter Wennink. The funding will expand its engineering team, accelerate its silicon and systems roadmap, and target starting supplies to two customers in 2027.