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

Posted on July 2, 2026 By 164news66 No Comments on Raja Koduri’s Oxmiq raises $35m to rent out AI chip design instead of selling chips

Oxmiq Labs Secures $35M Series A to Scale OxCore AI Silicon Architecture

Oxmiq Labs has closed a $35m Series A round to scale OxCore, a licensable GPU architecture the startup claims enables chipmakers to develop custom AI silicon without conducting full, multi-year design programs. The funding brings the company’s total capital raised to $60m since its founding by veteran chip architect Raja Koduri.

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