London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times:
London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February  —  British entrepreneur behind Olix raises $312mn from investors including Arm in effort to take on Nvidia