Axelera AI
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Axelera AI is a Netherlands-based chip company founded in 2021.{{Cite news |last=Lykiardopoulou |first=Ioanna |date=July 29, 2024 |title=3 promising European startups in the race for next-generation chip |url=https://www.proquest.com/docview/3085700240/BC695DFB4E0249E4PQ/7 |access-date=2025-03-07 |work=TheNextWeb.com |via=ProQuest}} It develops AI processing units (AIPU) for robots and drones, as well as cars, medical devices, and security cameras.{{Cite news |last=Geschwindt |first=Sion |date=18 December 2024 |title=Dutch startups raised $3.5B in 2024. Here are the 10 largest funding rounds |url=https://www.proquest.com/docview/3146228669/DA345F6368054BD9PQ/4 |access-date=2025-03-07 |work=TheNextWeb.com |via=ProQuest}}{{Cite news |last=Bradshaw |first=Tim |date=July 21, 2023 |title=Start-ups seek to challenge Nvidia’s dominance over AI chip market |url=https://www.proquest.com/docview/2840193008/BC695DFB4E0249E4PQ/6 |access-date=2025-03-07 |work=FT.com |via=ProQuest}} The company's CEO is Fabrizio Del Maffeo.{{Cite news |date=6 February 2025 |title=India: DeepSeek gives Europe's tech firms a chance to catch up in global AI race |url=https://www.proquest.com/docview/3163503401/BC695DFB4E0249E4PQ/13 |access-date=2025-03-07 |work=Asia News Monitor |via=ProQuest}} In 2025, it received a grant of €61.6 million to develop its Titania chip for generative AI and computer vision processing from the EuroHPC Joint Undertaking DARE project.{{Cite news |last=Van Klinken |first=Erik |date=6 March 2025 |title=Dutch startup Axelera AI raises over 60 million and unveils new chip |url=https://www.techzine.eu/news/devices/129384/dutch-startup-axelera-ai-raises-over-60-million-and-unveils-new-chip/ |access-date=2025-03-07 |work=TechZine}} Previously it raised $200 million from Samsung and other investors.{{Cite news |last=Sterling |first=Toby |date=6 March 2025 |title=Dutch chipmaker AxeleraAI gets $66 million EU grant |url=https://www.reuters.com/technology/artificial-intelligence/dutch-chipmaker-axeleraai-gets-66-million-eu-grant-2025-03-06/ |access-date=2025-03-07 |work=Reuters}} It also has a chip called Metis.{{Cite news |last=Ward-Foxton |first=Sally |date=March 2025 |title=Top 10 Edge AI Chips |url=https://www.electronicproducts.com/top-10-edge-ai-chips/ |access-date=2025-03-07 |work=Electronic Products}}{{Cite news |last=Di Paolo Emilio |first=Maurizio |date=21 November 2023 |title=Axelera AI Platform Accelerates Edge Application Deployment |url=https://www.eetimes.com/axelera-ai-platform-accelerates-edge-application-deployment/ |access-date=2025-03-07 |work=EE Times}}