Samsung invests in a company that wants to rival NVIDIA AI chips

Samsung participated in a $230 million funding round for Dutch startup Euclyd. Euclyd develops AI inference chips with an architecture different from Nvidia GPUs and aims to compete with them. Samsung's investment amount was not disclosed.

• Euclyd raised $230M in a round led by Samsung and Somerset Capital Partners
• The two-year-old startup makes AI inference chips without relying on GPUs
• Samsung will provide not only money but engineering expertise and supply chain access
• OpenAI, AWS, Google, and Meta are also developing their own inference chips