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
News - Investment / M&A / Financing, Charlotte Trueman, DatacenterDynamics
The latest news from the AI, data center, telco, chip, and cloud sector
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Positron AI raises $875m at a $5bn valuation to support develop of next-generation hardware
Financing was raised across two tranches
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Quantum Motion secures additional investment in extended $160m Series C funding round
Five new investors have participated in the round
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Former cryptomining startup Velaura AI raises $110m for its ultra-low power offerings
Latest fundraise values company at more than $1bn
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CollPlant Biotechnologies acquires laser-based computing startup LightSolver
Financial terms of deal have not been disclosed
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French quantum computing firm Pasqal completes SPAC merger and goes public
Deal with Bleichroeder Acquisition Corp. II has provided Pasqal with approximately $360 million in cash
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Nvidia and South Korean chip startup Rebellions discussing potential collaboration – report
Comes as chip giant denies claims it's been developing China-specific LPU
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Inference chip startup Etched raises $700m, doubles valuation to $21bn
Comes weeks after company announced $300m fundraise
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Enterprise quantum spend surpassed combined academic and gov’t investments in 2025, Boston Consulting Group reports
Findings based on responses from more than 200 companies
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Centuria Capital Group and ResetData sign 7MW capacity agreement with CDC Data Centres, secures $165m bridge facility with Macquarie Bank
GPUs for initial CDC deployment have been ordered, companies said
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Fermi signs agreement with TensorWave for up to 650MW of data center capacity at Project Matador site
Facility will support AMD GPU deployments once completed
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Riot Platforms agrees 191MW, 20-year lease agreement with Anthropic worth $9.1bn – report
Capacity will be deployed at Bitcoin miner’s campus in Rockdale, Texas
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Quantum earnings Q2 2026: D-Wave, Infleqtion, IonQ, and Rigetti publish financial results alongside newly IPO-ed IQM and Quantinuum
Six quantum computing companies now publicly trading following SPAC mergers
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Aussie AI cloud company Firmus raises $2bn via equity sale
Investors include Blackstone, Coatue, Nvidia, and Jane Street
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AMD acquires AI chip startup Taalas to further support inference workloads
Financial terms or expected timeline for completion were not disclosed
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AMD posts Q2 ‘26 revenue of $11.5bn, with data center revenue up 107% for the quarter
Data center revenue now represents 58 percent of total revenue
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Chip startup Olix raises $312m at $3.3bn valuation, backed by UK gov’t Sovereign AI venture fund
Company is developing suite of specialized inference chips which will be linked by a photonic interconnect
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EU puts out call for tender for seven supercomputing clusters
The Union says its ‘AI gigafactory’ project will unlock at least €20 billion in private investment
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Chiplet interconnect startup Eliyan valued at $1bn following $145m Series C funding round
Umesh Padval, managing partner of Seligman Ventures, will also join the company’s board
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ChipAgents raises additional $60m in expanded Series A round to support AI chip design platform
Startup claims more than 120 chip companies have already deployed its platform
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Samsung's quarterly profit up 1,814% on last year, cites ongoing demand for memory
Company says its memory business set “an all-time high for quarterly revenue and operating profit” in Q2
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Arm says AGI CPU demand has surpassed $2bn, reports record royalty and licensing results
Despite chip designer's bullish outlook, total revenue for Q1 2027 was down on the last quarter
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GlobalFoundries awarded $300m by US gov’t for silicon photonics R&D
Agreement has seen Department of Commerce take a one percent stake in the chipmaker
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Microchip Technology acquires Israeli chip startup Hailo for undisclosed amount
Microchip says acquisition will help its intelligent Edge processing portfolio
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AI chip startup Etched closes $300m funding round, doubles its valuation to $10.3bn
Latest round saw participation from SK Hynix, Andreessen Horowitz, Jane Street, and Diffusion
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Intel posts fastest YoY growth since 2011, with Q2 2026 revenue totaling $16.1bn
Chipmaker’s data center segment once again posted strongest growth, while Intel Foundry continues to operate at a loss
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IBM acquires HRL Laboratories to further boost quantum computing R&D efforts
Financial terms of the deal have not been disclosed
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Photon Queue raises $4m in Seed round for quantum memory devices
Startup has already deployed a commercial device at Sandia National Laboratories and the University of Maryland