· Semiconductor & Electronics · Source: thehindubusinessline.com

OXMIQ raises $35 million to scale OxCore Architecture

OXMIQ Labs, founded by renowned GPU architect Raja Koduri, has raised $35 million in Series A funding, taking its total funding to $60 million. The investment will accelerate the development of OxCore, the company’s GPU architecture that enables semiconductor firms and AI system builders to create custom AI silicon efficiently, reducing the need for a full-scale chip development program.

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