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المشهد العربي
OLX secures $312M for AI chips
Olex, a company specialized in developing artificial intelligence chips, successfully raised $312 million in a new funding round, bringing its valuation to $3.3 billion. Founded in 2024 by James Dacomb, it experienced significant growth over six months after raising $220 million in February of the previous year, at which time it was valued at over $1 billion. The company focuses on designing specialized chips based on optical interconnect technology to boost processing speed and reduce costs, with a plan to complete product testing and delivery within the coming year.
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