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Samsung Is Betting On An Alternative To Nvidia. Dutch AI Chip Startup Euclyd Just Raised $231 Million.

Samsung
International Business Times Fews App News Provider
Fews App Post Time ha 16h

Samsung is expanding its presence in artificial intelligence as demand for more powerful and energy-efficient computing infrastructure grows. Getty Images/Jade Gao Samsung has backed Dutch semiconductor startup Euclyd in a funding round of more than €200 million, giving the two-year-old company fresh capital to develop AI chips and computing systems designed as an alternative to the graphics processors that currently dominate artificial intelligence infrastructure. The Series A round was co-led by Samsung, Somerset Capital Partners, the EQT-managed Scaleup Europe Fund and Innovation Industries, Euclyd said.

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