The UK government announced a £1.1 billion ($1.47 billion) AI Hardware Plan on June 8 during London Tech Week, aiming to build a domestic AI chip sector and capture 5% of the projected $1 trillion glo…
James Dacombe, a 25-year-old high school dropout from Harrogate, has become Europe's youngest self-made billionaire after his AI chip startup Olix tripled in value since February, reaching a $3.3 bill…
James Dacombe, the 25-year-old founder of AI chip-making firm Olix and brain monitoring startup CoMind, has become Europe's youngest self-made billionaire with a net worth exceeding $1 billion after O…
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…
Lumilens, an optical data center connectivity startup founded by former Aruba CTO Ankur Singla, emerged from stealth with more than $900 million in total funding and a $5.5 billion valuation. The comp…
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 …
James Dacombe, a 25-year-old sixth-form dropout from Harrogate, is set to become Britain's newest billionaire after his AI chip company Olix was valued at $3.3 billion (£2.5 billion) following a $312 …
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…
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…
Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150 million second fund, bringing its total assets under management to over $300 million. T…