Tag: Axelera

  • Chipmaker Axelera AI hoping to benefit from European businesses wanting to run AI locally

    Dutch chipmaker Axelera AI is hoping to benefit from European businesses wanting to run AI systems locally, amiddata security concerns, a push towards European sovereignty, and geopolitical tensions. Axelera AI, founded in 2021, is one of the few European challengers challenging the dominance of US chip market leader Nvidia. In the US, the likes of read more

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    Chipmaker Axelera AI hoping to benefit from European businesses wanting to run AI locally

  • Dutch AI inference chipmaker Axelera AI raises $250M

    A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock. Innovation Industries, the European VC fund, is the lead investor in the round inAxelera AI. The round also features new investors BlackRock and SiteGround Capital as well as existing investors, including Bitfury, read more

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    Dutch AI inference chipmaker Axelera AI raises 0M