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13 November 2024

AI chip startup Axelera AI raises $68 million to challenge Nvidia

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13 November 2024

AI chip startup Axelera AI raises $68 million to challenge Nvidia

Axelera AI, a Dutch startup developing chips for artificial intelligence applications, has secured $68 million in funding to fuel its ambitious growth plans. The Eindhoven-based company aims to become Europe’s answer to Nvidia.