Olix raises $312 million at $3.3 billion valuation for AI inference chip development
Funding Provisional 95% confidence first seen
UK-based chip startup Olix secured $312 million in funding at a $3.3 billion valuation, more than tripling its worth from $1 billion in February. The company, founded by James Dacombe, plans to deliver optical digital processors optimized for AI inference workloads to customers in 2025, positioning itself as a competitor to Nvidia's dominance in AI chip infrastructure.