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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.

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

Published September 14, 2026 · Category: Finance

Overview

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

Source

Originally published at www.cnbc.com.

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