July 2, 2026

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

person sitting front of laptop
Christin Hume / Unsplash

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 capit...