I have read that Hilbert spaces generalize Euclidean spaces to infinite dimensions.
This suggests to me that any finite dimensional Hilbert space is isomorphic to a space with the norm $||v||=\sqrt {v_1^2 +...+v_n^2}$. Is this true? If not, then it seems it is wrong to say that Hilbert spaces generalize Euclidean spaces to infinite dimensions (i.e. they would be more general than that).
Any Euclidean space is Hilbert space, so Hilbert spaces generalize Euclidean. But Euclidean space isn't just a finite dimensional linear space, it's a finite dimensional linear space with additional structure - either inner product, or norm that satisfies parallelogram law.
Such structure can be introduced on any finite dimensional space, so any finite dimensional space is isomorphic to some Euclidean as linear space.