European chip startups' funding nearly quadruples as investors bet on Nvidia challengers

First reported 12 Nov, 05:00 UTCSource: SiftedLast editorial activity 12 Nov, 05:00 UTCWrite a comment ↓

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According to Sifted, funding for European chip companies has almost quadrupled, with investors backing startups that aim to take on Nvidia in AI inference.

What the report says

Sifted reports that funding for European chip companies has almost quadrupled, and that investors are putting money into challengers to Nvidia in the field of inference, the stage at which trained AI models are run to produce results.

NVIDIA is a semiconductor company based in Santa Clara, founded in 1993. The report's figures on the size of the funding rise are not included in the verified facts available for this article.

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How much funding has European chip companies received compared with earlier periods?
Which European chip startups are receiving the investment?

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Sifted Reporting source
European chips funding almost quadruples as investors back Nvidia’s inference challengers ↗
https://sifted.eu/articles/european-chips-funding-almost-quadruples-as-investors-back-nvidias-inference-challengers/

What the report says

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