Raja Koduri's Oxmiq Labs Raises $35M to Lower the Design Cost of Custom AI Silicon

Every chip startup used to dream of taping out its own silicon, Oxmiq is betting the smarter dream is renting out the blueprint instead. Founded by Intel's former chief architect, this is a wager that the real bottleneck in custom AI silicon isn't fabrication capacity but design talent, which is exactly the scarce resource a licensing model monetizes without the capital risk of building chips. Samsung and MediaTek showing up as backers suggests this could quietly end up inside phones and edge devices long before anyone notices the OxCore label.