OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, has secured $35 million in Series A financing, bringing the total funding raised to $60 million.
Koduri, who hailed from Andhra Pradesh, is a well-known graphics processing unit (GPU) architect in the semiconductor industry and has worked with leading chip firms.
The company said it would use the proceeds to scale OxCore, a GPU architecture that allows semiconductor companies and AI system builders to develop custom AI silicon without a full chip programme.
The round was co-led by Fundomo and Samsung Catalyst Fund, with participation from MediaTek, AM Intelligence Labs, and Pegatron Venture Capital, among others.
AI technology
OXMIQ possesses deep knowledge across every level of AI technology, from physical energy sources and data centre facilities to fundamental chip designs and hardware components.
“The demand for tokens (the fundamental units of data that AI models process) is outpacing the world’s ability to build infrastructure to serve it. We are building solutions that enable semiconductor companies and AI infrastructure builders to reduce the cost of intelligence at every layer,” a company statement said.
“A licensable core with an open architecture means design teams everywhere can build the custom AI silicon their work needs. Today, state-of-the-art AI reaches most people through a handful of channels, and the cost of the compute underneath is the reason for this. By bringing that cost down, and you widen who gets to build with it,” saidRaja Koduri, OXMIQ founder and CEO, said.