AI Chips
Callosum Raises $100M to Rethink How AI Uses Compute
Callosum is challenging one of AI infrastructure’s most entrenched assumptions: that better intelligence requires increasingly powerful versions of the same models running across increasingly large fleets of similar chips. The London company is building a different architecture, where complex workloads are broken into smaller tasks and each one is assigned to the model and hardware […]
OLIX Secures $312M at a $3.3B Valuation
AI data centers produce tokens through hundreds of computing operations, yet most systems still ask the same general-purpose processor to handle every stage. London-based OLIX has raised a $312 million Series B at a $3.3 billion valuation, two years after the company was founded. The financing included Fundomo, Arm and Hudson River Trading, alongside angel […]
Etched Raises $300M at a $10.3B Valuation to Build Frontier AI Inference Clusters
AI chip company Etched has raised $300 million at a $10.3 billion valuation, led by Sequoia Capital, to build inference clusters designed specifically for the world’s most demanding AI models. Andreessen Horowitz, Jane Street, Diffusion, Argo, and memory maker SK Hynix also joined the round, announced on 23 July 2026. The San Jose company frames […]