Startup Oxmiq raises $35 million to build chip architecture to lower cost of AI

AI startup Oxmiq has secured $35 million to revolutionize chip design, aiming to slash the costs of building and running AI applications. The company plans to integrate graphics chips, central processors, and tensor engines into a single IP block, aspiring to become the 'Arm' of the AI era. This funding will accelerate the development of their innovative architecture and software, with plans to expand their engineering team.