Raja Koduri’s Oxmiq raises $35m to rent out AI chip design instead of selling chips

Oxmiq Labs has closed a $35m Series A to scale OxCore, a licensable GPU architecture the startup says lets chipmakers build custom AI silicon without running a full, multi-year design programme of their own. The round brings the company’s total capital raised to $60m since its founding by veteran chip architect Raja Koduri. The pitch is […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.