Home / Technology / Ex-Intel Architect Launches $20M Startup to Disrupt AI Chip Market
Ex-Intel Architect Launches $20M Startup to Disrupt AI Chip Market
5 Aug
Summary
- Oxmiq Labs founded by former Intel chief architect Raja Koduri
- Raised $20 million in seed funding from angel and corporate investors
- Developing scalable GPU technology for AI and cloud computing applications
In a move that could shake up the AI chip market, Oxmiq Labs has announced its plans to launch a new line of licensable graphics processor technology. Founded just last month by former Intel chief architect Raja Koduri, the California-based startup has already secured $20 million in seed funding from a mix of angel investors and corporate strategic partners, including MediaTek.
Oxmiq's GPU technology is designed to be highly scalable, capable of powering everything from single-core physical AI applications like robotics to thousands of cores for cloud computing data centers. The company has also developed a tool that allows software written for Nvidia's CUDA to run on non-Nvidia hardware without any code modifications.
"We want to be Arm for the next generation," Koduri told Reuters, hinting at Oxmiq's ambitions to become a dominant force in the rapidly evolving AI chip market. By taking a software-first approach to chip design, the startup aims to provide a more flexible and cost-effective solution compared to building complete chip designs, which can cost over $500 million.
With Koduri's extensive experience leading graphics chip development at Intel, AMD, and Apple, Oxmiq is well-positioned to challenge the current market leaders in the AI computing space.
