ChipsThe Next Webabout 5 hours ago
London chip startup Olix triples valuation to $3.3bn
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London startup Olix raised $312m, tripling its valuation to $3.3bn in six months. Founder James Dacombe, 25, bets against Nvidia with the DX-1 chip, which skips high-bandwidth memory and advanced packaging. Fundomo led the Series B, with Arm, Hudson River Trading, Reed Hastings, and the UK Sovereign AI fund participating.
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