AI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to democratize AI chip development by licensing its GPU architecture, OxCore, allowing businesses and governments to create custom AI processors. This move seeks to reduce the high cost of AI compute, particularly for emerging markets like India and Southeast Asia, fostering wider AI adoption.

OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, today closed its $35 million Series A financing, bringing the company’s total capital raised to…

AI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to democratize AI chip development by licensing…