London AI chip startup OLIX reaches £2.45bn valuation after new funding round
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London AI chip startup OLIX reaches £2.45bn valuation after new funding round

10 Aug 2026 · Originally published 10 Aug 2026 8/10 Original headline: UK chip firm OLIX valued at more than £2bn after major investment - UKTN
London-based OLIX has secured £231.8m in Series B funding to scale its specialised silicon platform designed to improve AI compute efficiency. The capital will support the launch of its DX-1 accelerator chip by 2027 and help the company expand its engineering teams across the UK and internationally.
Source: r/GoodNewsUK Greater London
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