Samsung backs Nvidia AI chip rival in $230 million funding round as GPU alternatives boom
- ID
- 24437
- Status
- summarized
- Published
- 15 Sep 2026, 7:30 AM
- Fetched
- 15 Sep 2026, 7:55 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/09/14/samsung-euclyd-ai-chip-funding.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 4.5
- Created
- 15 Sep 2026, 7:56 AM
- Tags
- Audience
- ai_ml_learnerssaas_founders
What happened
Dutch startup Euclyd, founded in 2024, raised a €200 million (~$230M) Series A co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund (EQT), and Innovation Industries to build AI inference chips with a non-GPU architecture. The round signals continued heavy investment in Nvidia alternatives, alongside OpenAI's August-launched Jalapeño chip and in-house silicon efforts from Google, AWS, and Meta.
Why it matters
Inference cost is a line item that directly affects SaaS unit economics; a maturing market of non-Nvidia inference chips could eventually drive down per-token costs and reduce vendor lock-in. But Euclyd is at Series A with no shipping product, so no action is needed now—this is a trend to track, not a decision point.
Discussion angle
If inference hardware diversifies over the next 2-3 years, how should SaaS founders price AI features today to avoid being caught overcharging when per-token costs drop?