Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Axelera AI stories

Sep 15, 2026

European AI chip startups Axelera and Euclyd raise funding, challenge Nvidia in inference market

Dutch startup Axelera AI launched its second-generation Europa chip and secured AI factory supply contracts with over 600 customers, while Euclyd raised €200M in Series A funding co-led by Samsung to develop its CRAFTWERK inference chip as an alternative to GPU-based solutions.

Sep 15, 2026·4 sources
00

Top claims

  • ▪Axelera AI signed multiple contracts to supply chips to AI factories, which are data or scientific computing centres devoted to training and running artificial intelligence software.
  • ▪Axelera AI plans to develop a future chiplet architecture named 'Titania' to target use in data centres and supercomputers.
  • ▪The European Union's €5 billion Scaleup Europe Fund, established on August 4, 2026, made its second major investment by co-leading Euclyd's Series A round.

Topics

Compute, chips & AI infrastructureAI inference (scaling)AI startups

Related entities

Netherlands