Euclyd raises $230M+ to develop chips for AI agents

Dutch chipmaker Euclyd BV raised over $230 million in a Series A funding round led by Samsung Electronics and others to develop its AI inference chip, craftwerk, designed for AI agents and featuring innovative memory architecture. The chip will be part of the CWS system targeting exaflop-scale AI cluster performance and aims to optimize processor-memory co-design for AI workloads.