Eindhoven-based startup Axelera has raised $68mn as it looks to take its AI chip business global. One of the lead investors is Samsung Catalyst, the venture arm of semiconductor giant Samsung Electronics.   Axelera is developing AI chips that enable computer vision and generative AI in edge devices like robots and drones. Axelera builds the chips, known as AI processing units (AIPUs), as well as the software that runs them. Dubbed Metis, the startup claims that the chip is the world’s most powerful AIPU for edge devices.  The AI chips are, in effect, tiny data centres located within the device. By…

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