Sovereign AI

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…

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…