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Nvidia AI Chip Rival Secures Major Funding

Updated 2026-09-15 01:10 UTC 1 source Neutral

Dutch startup Euclyd secured $230 million in funding, co-led by Samsung. This investment comes as GPU alternatives gain traction in the tech industry.

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CNBC

Samsung backs Nvidia AI chip rival in $230 million funding round as GPU alternatives boom

Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.

2026-09-14 23:30 UTC