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Hudson River Trading

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    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token productionOLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
    Olix
    3 Aug 2026

    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production

    OLIX designs custom silicon and optical interconnect for AI inference, using a specialised chip for each stage of token production rather than running every stage on the same general purpose chip. The X-1 platform unrolls models across a large number of chips so that each chip handles a single part of the model, targeting lower cost and latency for the providers running frontier AI models.

Hudson River Trading
    • Deep Tech
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More venture news

  • OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
    Olix
    3 Aug 2026

    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production

    Series BDeep Tech
  • Mironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases
    Mironid
    5 Aug 2026

    Mironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases

    Series BLife Sciences
  • Greyparrot raises £20m Series B from angels for AI camera systems that read waste on recycling belts
    Greyparrot
    29 Jul 2026

    Greyparrot raises £20m Series B from angels for AI camera systems that read waste on recycling belts

    Series BClimate

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