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Startups & Venture·July 2, 2026·1 min read

Raja Koduri’s Oxmiq raises $35m to rent out AI chip design instead of selling chips

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$35m into Oxmiq’s licensable GPU architecture is a bet that “chip design as a service” can compress multi-year custom silicon cycles into a reusable IP layer. If you’re a systems company hitting GPU supply or cost ceilings, renting a design may become a viable path to differentiated hardware without owning a full chip team.