UK AI chip startup OLIX raises €270.5 million at €2.8 billion valuation just two years after its founding

OLIX, a London-based AI chip startup building the infrastructure for frontier AI inference, today announced a €270.5 million ($312 million) Series B financing round at a €2.8 billion ($3.3 billion) valuation, two years after it was founded. The round included Fundomo, Arm and Hudson River Trading, alongside angel investors including Reed Hastings, the co-founder of […] The post UK AI chip startup OLIX raises €270.5 million at €2.8 billion valuation just two years after its founding appeared first on EU-Startups .