Samsung co-investor participated in Euclid Series A investment

Participated in ‘Euclid’ Series A investment

(Seoul = Yonhap News) Reporter Seonghan Lee = Samsung participated as a joint investor in 'Euclid', an AI semiconductor design company with a completely different structure from NVIDIA's graphics processing unit (GPU), Euclid's CEO announced on the 15th (local time).

Euclid CEO Bernardo Kastrup said in an interview with CNBC, an American business broadcaster, that Samsung was listed as a co-investor in the $231 million (approximately 315 billion won) Series A investment in which Somerset Capital Partners, Innovation Industries, and Scale-Up Europe Fund participated.

Euclid is a Dutch company founded in 2024 that designs an AI semiconductor system for inference based on a completely different architecture from existing GPUs.

Nvidia initially monopolized the cutting-edge AI semiconductor market by using gaming GPUs for AI learning and inference, but recently, big techs and startups have jumped into the development of their own AI semiconductors.

Last month, OpenAI announced the AI ​​semiconductor 'Jalapeño', which is said to have the speed and efficiency to lead the industry, and Google, Amazon Web Services (AWS), Meta, etc. are also accelerating the upgrade of their own AI semiconductors.

Euclid claims that its silicon system for its foundation model, although not yet subject to large-scale validation, can dramatically reduce AI data center infrastructure costs and power demands.

CEO Kastrup said, “Samsung can help us beyond funding,” adding, “As one of the world’s largest memory semiconductor manufacturers, they have excellent engineering technology, know the system well, and have a supply chain and a vast global network.”

Euclid aims to provide services to thousands of companies by 2030, starting with the launch of actual semiconductor systems in 2028, Kastrup added.