TECH NEWS

Tiny Dutch startup enlists Samsung as backer as it seeks to dethrone Nvidia AI GPU — but Euclyd won't get its…

Samsung has backed a tiny Dutch chipmaker targeting Nvidia
Euclyd raised $231 million before shipping its first commercial chip
Euclyd plans to sell complete AI systems directly to enterprises but will not deliver its first hardware until 2028

Samsung has joined a group of investors backing a small Netherlands-based chip designer aiming to challenge Nvidia's dominance in artificial intelligence hardware.

The startup, called Euclyd, closed a funding round worth $231 million, drawing support from several firms beyond the South Korean electronics giant.

According to Bernardo Kastrup, Chief Executive of Euclyd, commercial hardware from the company will not reach customers until 2028

A chip built to rival Nvidia's grip

Euclyd's Series A round totalled €200 million and was co-led by Somerset Capital Partners, the Scaleup Europe Fund, and Innovation Industries, alongside Samsung.

In an exclusive interview with CNBC, Kastrup said that the capital would support two separate lines of...

Copyright of this story solely belongs to www.techradar.com. To see the full text click HERE

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i3TSjjEQrhVA/v0/-1x-1.jpg

US officials say overreliance on Palantir's Maven AI system was among the factors that contributed to a February missile strike in Iran that killed 123 children

Sponsor Posts Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens. Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running

https://cdn.nextgov.com/media/img/cd/2026/09/18/GettyImages_2271888407-1/open-graph.jpg

NASA employees: EEOC committed ‘flagrant distortions’ to decertify class complaint

Employees alleging workplace discrimination at the National Aeronautics and Space Administration said a recent EEOC decision against them misapplied both facts and the law. Photo by SAUL LOEB / AFP via Getty Images September 18, 2026 05:35 PM ET EEOC officials touted a long-running discrimination case against NASA as an

https://cdn.nextgov.com/media/img/cd/2026/09/18/860x394-1/open-graph.jpg

Tech bills of the week: Monitoring AI’s use under Section 702; Preventing abuse of Flock plate readers; and more

Jarmo Piironen/Getty Images ByEdward Graham, Managing Editor, Nextgov/FCW September 18, 2026 06:43 PM ET Lawmakers introduced several measures this week looking to rein in some of the potential abuses and dangers of using AI, as well as a proposal that looks to leverage AI for pediatric cancer

https://www.engadget.com/img/gallery/ai-almost-led-the-us-military-to-attack-china-report-says/l-intro-1789771253.jpg

AI Almost Led The US Military To Start A War With China, Report Says

CNN's sources claim the US nearly attacked a Chinese ship it believed was carrying nuclear weapon components. J. David Ake/Getty Images A false, partially AI-generated intelligence report nearly prompted the US military to attack a Chinese ship in the Middle East, CNN reports. The incident "almost

A chip built to rival Nvidia's grip

Read more

US officials say overreliance on Palantir's Maven AI system was among the factors that contributed to a February missile strike in Iran that killed 123 children

NASA employees: EEOC committed ‘flagrant distortions’ to decertify class complaint

Tech bills of the week: Monitoring AI’s use under Section 702; Preventing abuse of Flock plate readers; and more

AI Almost Led The US Military To Start A War With China, Report Says