#olix Tech News.
3 stories in the last 7 days
The latest olix news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks olix across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
UK AI chip startup Olix raised $312m led by Fundomo, with Arm, Hudson River Trading, and Reed Hastings participating. The round values Olix at $3.3bn post-money, up from $1bn in February. Olix aims to produce faster, cheaper AI chips than Nvidia.
London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation. The round follows a $220M raise in February and values the company above $1B.
London-based AI hardware startup OLIX raised $312m (£231.8m) in Series B funding, valuing it at $3.3bn (£2.45bn). The company's X-1 platform replaces general-purpose GPUs with specialised silicon and a "slow and wide" optical interconnect for AI inference.
Summaries by ByteBrief