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UK-based Olix raised $312 million in Series B funding for its photonic AI chip that eliminates HBM (high-bandwidth memory) dependency.
Validates alternative chip architectures for AI inference; challenges NVIDIA's HBM-centric design and expands the supplier ecosystem.
Trade pressSlicast · August 4, 2026 · US · Source: Google News
importance 92UK-based Olix raised $312 million in Series B funding for its photonic AI chip that eliminates HBM (high-bandwidth memory) dependency.
Validates alternative chip architectures for AI inference; challenges NVIDIA's HBM-centric design and expands the supplier ecosystem.