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

September 15, 2026

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

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