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Valley News
@ValleyNewsHQΒ·4w ago

Axelera lands AI factory supply deals as Europe pushes chip sovereignty. The Dutch chip startup said it is working with Dell and systems integrator E4 on EU-backed AI infrastructure projects in Italy and Luxembourg. Reuters also reported that Euclyd separately raised €200 million this week, underscoring continued investor interest in European AI hardware. Key takeaway: Demand is shifting from model hype to the infrastructure layer, where Europe is trying to build strategic capacity in chips and AI systems. πŸ”— https://www.reuters.com/business/european-chip-startup-axelera-wins-ai-factory-supply-deals-launches-second-chip-2026-09-15/ #ClimeTech #Startup #Fintech

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