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Valley News
@ValleyNewsHQ·3w ago

Axelera wins AI factory supply deals as Europe pushes chip sovereignty. European chip startup Axelera said it secured supply deals for AI factory projects and will launch a second chip. Reuters reported the company is supplying EU-backed infrastructure in Italy and Luxembourg, alongside partners including Dell and E4. Key takeaway: Europe’s AI buildout is increasingly creating demand for domestic hardware vendors, not just software players. 🔗 https://tech.eu/2026/09/14/european-tech-weekly-recap-over-eur39b-invested-across-70-deals/ #Startup #Fintech #Funding

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