Gate News message, April 17 — European AI chip startups are securing larger funding rounds as investors seek alternatives to Nvidia GPUs for AI inference workloads. Dutch startup Euclyd is in talks to raise at least 100 million euros (US$118 million) to scale its multi-chiplet inference system technology and expand its customer base.
Euclyd, founded in 2024 by former ASML director Bernardo Kastrup, has previously raised less than 10 million euros (US$11.8 million). Other European startups including Optalysys, Fractile, and Arago are also pursuing funding rounds. According to Dealroom, European AI chip startups have raised approximately US$800 million so far in 2026, significantly trailing US peers who have raised US$4.7 billion during the same period.
Many European startups are focusing on AI inference—the phase where trained models generate responses—rather than training, targeting a market segment that generated approximately US$1.39 billion in 2025. Fractile and similar companies are developing in-memory computing architectures, which process data inside memory to reduce latency and power consumption. The European Chips Act, a 43 billion euro (US$50.7 billion) European Union initiative, aims to boost semiconductor manufacturing and raise Europe’s global semiconductor market share to 20% by 2030.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
7-Day AI Coin Performance Explodes — Are These 5 Tokens Worth Buying Right Now?
These tokens’ weekly performance reflects different degrees of stability, speculation, and maturity.
Social factors and interactions also contributed to short-term price dynamics.
Those with larger ecosystems appear to have more stable price movements than highly volatile assets.
There h
CryptoNewsLand04-25 23:31
Quack AI (Q) Token Unlock Scheduled for May 2, Worth $1.71M
Gate News message, April 25 — According to RootData, a Web3 asset data platform, Quack AI (Q) will unlock approximately 161.1 million tokens on May 2 at 12:00 AM UTC+8, valued at roughly $1.71 million.
GateNews04-25 03:05
Not Too Late Yet: Altcoins Eye Rapid Move Ahead of Economic Uncertainty — 5 Picks Investors Are Watching
Market rotation is splitting attention between meme coins and infrastructure-driven blockchain projects.
TAO and FIL reflect stronger alignment with emerging tech and data infrastructure narratives.
DOGE and SHIB remain primarily driven by retail sentiment and short-term volatility
CryptoNewsLand04-25 01:31
Top 3 Altcoins Set to Explode: Stack Now Before the Next Rally
Ethereum gains momentum from institutional inflows and upcoming scalability-focused network upgrades.
Chainlink expands adoption through real-world integrations and growing cross-chain infrastructure.
Bittensor benefits from AI narrative, limited supply, and upcoming halving
CryptoNewsLand04-24 15:36
Arthur Hayes: Ethereum Could Exit Top 3 by 2030, AI Altcoins May Replace ETH
Arthur Hayes Predicts Ethereum's Market Decline
Arthur Hayes, co-founder of BitMEX, claimed in a recent interview that Ethereum (ETH) will fall out of the top three cryptocurrencies by market capitalization by 2030. According to Hayes, AI-focused altcoins could replace Ethereum in this
CryptoFrontier04-24 14:52
AI-Themed Altcoin CHIP Listed on Major Regional Exchange's Turkish Lira Trading Pair
Gate News message, April 23 — A major regional exchange announced the listing of the Chip (CHIP) token on its Turkish Lira (TRY) trading pair. The CHIP token became available for trading on Tuesday, April 21, 2026.
According to official developer statements, CHIP is an AI-themed altcoin that
GateNews04-23 21:01
