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The danger of AI is not that it will become conscious and hate us, but that it will become competent and ignore us."

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Olix Raises $312M Series B at $3.3B Valuation to Deliver DX-1 AI Chip by 2027

OLIX logo – the London-based AI chip startup that raised $312 million in Series B funding at a $3.3 billion valuation on 3 August 2026.

London-based Olix has raised $312 million in Series B funding at a $3.3 billion valuation to deliver its DX-1 decode accelerator by H2 2027. Investors include Fundomo, Arm, Hudson River Trading and Netflix co-founder Reed Hastings.