Euclyd

Samsung invested $231 million in Dutch AI chipmaker Euclyd’s Series A funding round, co-led by EQT and others. Euclyd is developing a novel AI chip system designed for inference, distinct from GPUs, aiming to reduce energy consumption and costs. This move reflects a growing industry trend towards proprietary AI processors, challenging Nvidia’s dominance and driven by the increasing demand for AI infrastructure. Euclyd plans to offer hardware and licensing, with chip systems expected by 2028.