Urgent.News

What's breaking now, across thousands of outlets.

AI

London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February (Tim Bradshaw/Financial Times)

British entrepreneur behind Olix raises $312mn from investors including Arm in effort to take on Nvidia

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at ft.com →

More in AI

More from Monday 3 August →