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

Source: International Business Times

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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