October 3, 2026

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

Business CNBC
Image: CNBC

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

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

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