VENDOR · EU
Samsung leads $230M funding round for Euclyd, Dutch AI chip startup competing against Nvidia
Dutch startup Euclyd raised $230M to develop AI accelerator chips as alternative to Nvidia GPUs, with Samsung co-leading round alongside Somerset Capital and Scaleup Europe Fund.
WHY IT MATTERS
Signals major OEM commitment to GPU alternatives; reduces Nvidia moat and enables BFSI customers to diversify chip sourcing for LLM inference and fine-tuning infrastructure.
Source: CNBC · 2026-09-14