Investor interest for AI chip startups is rising, but big challenges remain for the nascent sector.
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European chip startups developing alternative technology to Nvidia’s
graphics processing units (GPUs) are eyeing big funding rounds as they look to scale amid the AI boom.
Dutch company Euclyd, backed by the former CEO of chipmaking equipment giant ASML
, is currently in discussions with investors for a round of at least 100 million euros ($118 million), its founder Bernardo Kastrup, told CNBC in an exclusive interview.
The chip giant became a dominant player in startup investing last year. It took part in 14 funding rounds, up from seven in 2024.
The chip designer pledged to build 20 AI factories on the continent, including a German facility in the works to be equipped with…
A growing crop of startups are set on challenging the chip giant's supremacy.
Startups and big tech firms like Alibaba are increasingly employing domestic alternatives to Nvidia.
Chip manufacturer to invest in return for stock after previous ‘circular’ $100bn deal dissolved earlier this month
At its GTC conference, Nvidia is expected to share some of its vision for incorporating technology from AI chip startup Groq.
