Samsung has joined as a co-investor in Euclyd, a Dutch artificial intelligence chip design company.
Euclyd Chief Executive Bernardo Kastrup said in an interview with CNBC on the 14th that Samsung had been named a co-investor in a $231 million (about 315 billion won) Series A round that also drew Somerset Capital Partners, Innovation Industries and the Scaleup Europe Fund.
Founded in 2024, Euclyd designs AI inference chip systems built on an architecture entirely different from Nvidia's graphics processing units.
Nvidia dominates the advanced AI chip market by adapting gaming GPUs for AI training and inference, but Big Tech firms and startups have recently begun developing their own AI chips one after another. OpenAI last month unveiled an AI chip called Jalapeno that it says offers industry-leading speed and efficiency, while Google, Amazon Web Services and Meta are accelerating upgrades to their in-house AI chips.
Euclyd has yet to undergo large-scale validation but said its silicon systems for foundation models could dramatically reduce the infrastructure costs and power demand of AI data centers.
"Samsung can offer us more than funding," Kastrup said. "As one of the world's largest memory chipmakers, it has outstanding engineering capabilities, knows systems well, and has a supply chain and a vast global network."
Kastrup added that Euclyd aims to release a physical chip system in 2028 and to serve thousands of companies by 2030.
