Dutch AI chip startup Euclyd raises $231 million in funding round co-led by Samsung
Former ASML CEO Peter Wennink has also joined as chairman of the board
Former ASML CEO Peter Wennink has also joined as chairman of the board
The Spark system is expected to be operational in early 2027
Both the CPU and server have been developed and manufactured in Japan
System will be hosted across two sites in Madrid
Financing was raised across two tranches
Justice Department investigation joins FTC inquiry into potential de facto big tech mergers
Vendor champions open NPO play over CPO for AI networks
Chip designer teams up with cloud providers and data center operators in Australia
Plans hiring spree ahead of 2GW/year ramp
Will use Chinese hardware
Building on memory deal signed last year
Companies will also be joined by Intel for 12-inch photomask industry initiative
Company claims this approach provides benefits over traditional nitrogen-vacancy centers
Will also work on optical connectivity solution with up to 1.6T
Company claims the chip delivers improvements in quality and speed over Nighthawk r1
And VMware continues to tick along
Five new investors have participated in the round
Company has entered into a merger agreement with Action Acquisitions and Starman Optical
AI supercomputer slated for deployment in H2 2027
Latest fundraise values company at more than $1bn
System expected to be installed at Sydney site by October 2026
Hyperscaler and long-time Juniper user keeps faith, but backlog headaches linger on
Was one of a group of departures to Meta's compute team
Funding was awarded by the US Defense Advanced Research Projects Agency
Financial terms of deal have not been disclosed
Focus on trapped-ion, superconducting, neutral-atom quantum computing, QKD, quantum testing, and experimental pilot lines
Project forms part of Japan’s Quantum Moonshot program
Deal with Bleichroeder Acquisition Corp. II has provided Pasqal with approximately $360 million in cash