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Startups & Venture·August 3, 2026·1 min read

James Dacombe’s Olix raises at $3.3bn valuation

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A $3.3B mark for an AI chip startup still in its early innings says more about investor urgency around alternative compute supply than about current revenue. If you’re a large buyer of AI compute, start mapping second-source silicon options now—pricing and access will not be static over the next 12–24 months.