Startup Oxmiq raises $35 million to build chip architecture to lower cost of AI

The startup Oxmiq has successfully raised $35 million in funding. This capital is dedicated to the development of a specialized chip architecture. The primary objective of this technological advancement is to lower the operational and implementation costs associated with AI. By innovating the underlying hardware structure, Oxmiq aims to make artificial intelligence more affordable. The funding will support the company in building this architecture to optimize efficiency and reduce expenses within the AI sector.