James Dacombe, 25, who dropped out of a Harrogate sixth form college nine years ago, holds a stake in his AI chip company Olix valued at about £946M ($1.27B) after the London-based inference chip desi…
Meta released Muse Glimmer, a 30-billion-parameter open model designed to run local AI agents on consumer hardware, with weights available on Hugging Face under Apache 2.0. The model, a derivative of …
Point2 Technology, an AI data center interconnect specialist, raised $136 million in Series B funding led by LB Investment, with participation from Arm and existing investors Nvidia, Molex, and Bosch …
Drew Henry, EVP of Arm's Physical AI Business Unit, argues that robotics, humanoids, and autonomous vehicles represent one of the hardest systems-engineering problems in computing, with the physical e…
An FPGA-based on-chip LLM decoded replies in 6.6ms, but browser delivery took 100ms; profiling revealed that 58% of the delay came from a host-side loop reading 193 logits per token over /dev/mem. The…
NVIDIA has brought its RTX Neural Texture Compression (NTC) technology to Windows-on-Arm, ahead of the general release of its RTX Spark PC platform. NTC, first demonstrated at GTC 2026 in May, can red…
NVIDIA's 45-page whitepaper on its Vera server CPU, built around the 88-core Olympus Arm v9.2 core, contains misleading marketing claims that undermine its strong hardware, according to an analysis. T…
NVIDIA's Vera Rubin platform, featuring the Arm-based Vera CPU, is moving into production with support from 300 global partners, and early results from CoreWeave show it delivering 10 times more throu…
London-based AI chip-maker Olix, founded by 25-year-old college dropout James Dacombe, has tripled its valuation to $3.3bn (£2.45bn) after a fundraising round that raised $312m (£231m) from investors …
London-based AI infrastructure startup Olix, founded in 2024 by Thiel Fellow James Dacombe, raised $312 million in a Series B round at a $3.3 billion valuation, with backing from Arm and Netflix co-fo…
SoftBank Group Corp. is expected to post a net profit of 148.4 billion yen (US$941.2 million) for the April-June quarter, with analysts focused on how it will fund its over US$60 billion commitment to…
British semiconductor startup Olix, founded by 25-year-old Thiel fellow James Dacombe in 2024, has raised $312 million in a Series B round to build specialized AI inference chips and take on Nvidia. T…
OLIX, a London AI chip developer founded by 25-year-old James Dacombe, raised $312 million in a Series B round led by Fundomo, valuing the company at $3.3 billion before its first processor ships. The…
Olix Computing, a UK-based AI chip startup founded in 2024, closed a $312 million Series B at a $3.3 billion post-money valuation, marking Europe's largest semiconductor funding round. The company, wh…
PCIe Gen6 servers will begin shipping in the second half of 2026, doubling per-lane transfer rates over Gen5 and enabling 800Gbps network bandwidth from a single x16 slot, but Gen5 storage will remain…
Atlassian migrated more than 3,000 EC2 instances for Jira and Confluence to Arm Neoverse-based AWS Graviton processors and is now evaluating performance under real-world conditions, focusing on CPU ut…
Xsight Labs Ltd., an Israeli network chip startup, has raised $300 million in a funding round led by Fidelity Management & Research Co., bringing its valuation to $2.8 billion. The company plans to us…
IDC raised its AI infrastructure spending forecast for 2026 and beyond, reporting that global spending on AI servers and storage reached $89.7 billion in Q1 2026, up 33.1% from Q1 2025. Arm-based AI s…
Eliyan, a Santa Clara startup, achieved unicorn status with a $1bn valuation after closing an oversubscribed $145m Series C round led by Seligman Ventures, with strategic investments from Cisco Invest…
Arm reported a 22% year-on-year revenue increase to $1.29 billion for Q1 FY27, driven by AI data center demand, but CFO Jason Child warned that royalty growth is slowing to the high teens due to weak …