London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February (Tim Bradshaw/Financial Times)
Olix raised $312 million at a $3.3 billion valuation, signaling strong investor demand for AI chip infrastructure startups.
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<a href="https://www.ft.com/content/7a8c03c7-1c33-4ba7-a768-a75fa1db9f36"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260803/i9.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260803/p9#a260803p9" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Tim Bradshaw / <a href="https://www.ft.com/">Financial Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/7a8c03c7-1c33-4ba7-a768-a75fa1db9f36">London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February</a></b></span> — British entrepreneur behind Olix raises $312mn from investors including Arm in effort to take on Nvidia</p>
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