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 …
SK Hynix has invested in Etched, a US-based AI inferencing startup developing rack-scale systems with Low Voltage Inference and Cluster Scale Memory to address GPU memory bottlenecks. Etched, founded …
Figma CEO Dylan Field discussed the company's journey from a WebGL breakthrough to a failed Adobe acquisition and subsequent IPO, as well as the market's perception of Figma as an AI loser despite Fie…