Key facts
- An Oxford-based AI chip startup has raised $125 million.
- The funding aims to address the growing pressure on electricity supplies due to the race to build AI data centers.
An artificial intelligence chip startup based in Oxford has secured $125 million in funding as the global expansion of AI data centers intensifies pressure on electricity supplies. The company's technology is intended to help alleviate the energy demands associated with AI processing.
Separately, Marvell Technology launched new connectivity products for AI infrastructure, including the Alaska E 3.2T retimer and second-generation 1.6T AEC DSP, which are now sampling to customers. Cisco also unveiled new silicon and optics for AI infrastructure at OCP 2026, featuring the Silicon One G300/G302 and a joint optics initiative with NVIDIA.