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Olix

The company is building AI compute hardware positioned as a rival to Nvidia, backed by a $312 million round at a $3.3 billion valuation.

AI Infrastructure
AI Chips
Total Raised
$312M
Last Reported Valuation
$3.3B
as of Aug 2026
Headquarters
San Francisco, CA

Overview

Olix is developing AI infrastructure aimed at competing with Nvidia, indicating a focus on compute hardware for the artificial intelligence market. The company’s positioning points to the high-demand segment of AI chips and acceleration systems used to train or run advanced models. The company raised $312 million in an undisclosed round at a $3.3 billion valuation, with backers including Netflix co-founder Reed Hastings and Arm. The financing places Olix among heavily funded challengers seeking to enter a market dominated by established AI hardware providers.

Funding History

1 round · Aug 2026
$312M
Total Raised
1
Valuation: $3.3B
Cumulative: $312M

Olix raises $312M at $3.3B valuation from Netflix’s Reed Hastings, Arm, to build Nvidia rival

Netflix's Reed Hastings (Lead)Arm
Source

Frequently Asked Questions

How much funding does AI Funding track for Olix?
AI Funding tracks $312M for Olix across 1 funding round in this database.
Who are Olix's investors?
Olix's investors include Arm, Netflix's Reed Hastings.
What does Olix do?
Olix is developing AI infrastructure aimed at competing with Nvidia, indicating a focus on compute hardware for the artificial intelligence market. The company’s positioning points to the high-demand segment of AI chips and acceleration systems used to train or run advanced models. The company raised $312 million in an undisclosed round at a $3.3 billion valuation, with backers including Netflix co-founder Reed Hastings and Arm. The financing places Olix among heavily funded challengers seeking to enter a market dominated by established AI hardware providers.
Where is Olix headquartered?
Olix is headquartered in San Francisco, CA.