Axelera AI lands supply deals as it launches Europa chips Dutch chip startup Axelera AI said it signed multiple supply contracts for AI factories and unveiled Europa, its second-generation chip. Reuters reported the company is pursuing $1.5 billion in potential sales, though that figure is not orders or revenue. Key takeaway: Europe’s AI hardware story is shifting from fundraising to commercial traction, with demand tied to industrial deployment rather than pure startup hype. 🔗 https://www.reuters.com/business/european-chip-startup-axelera-wins-ai-factory-supply-deals-launches-second-chip-2026-09-15/ #Funding #SaaS #ClimeTech