Samsung backs Dutch AI chip startup Euclyd with $231 million
Samsung just led a $231 million investment in Euclyd, a Dutch company trying to build a new kind of chip for running AI models. Euclyd says its hardware will use a different design from Nvidia’s GPUs to cut power and costs for AI data centers. The chips aren’t in commercial use yet. Samsung’s industry connections may give the young startup an edge.
- Euclyd raised $231 million in a Series A round
- Samsung co-led the deal alongside three investment funds
- Euclyd’s chips are focused on AI model inference, not training
- The company says its technology will lower energy use and costs
- Target launch for the hardware is 2028
Sources covering this
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