Samsung backs AI chipmaker Euclyd in $230 million round
Samsung has backed a Dutch AI chipmaker in a $231 million funding round, amid a boom in investment in alternatives to Nvidia’s graphic processing units. Euclyd CEO Bernardo Kastrup told CNBC exclusively that the company’s 200-million-euro Series A drew backing from Somerset Capital Partners, the Scaleup Europe Fund managed by EQT and Innovation Industries, which…