About OLIX
OLIX is a London-based AI chip startup founded in 2024 that designs and manufactures Optical Tensor Processing Units (OTPUs) — light-based processors that accelerate AI inference workloads. The company targets high-throughput, low-latency AI inference for data centers by using SRAM-integrated photonic architecture, bypassing high-bandwidth memory bottlenecks. It delivers complete rack-level systems including custom chips, lasers, and interconnects for frontier AI inference.
Company details
Funding
Total raised
$250M
Last stage
Series A
Investors
Founders
James Dacombe
James Dacombe is the 25-year-old founder of Olix Computing Ltd., originally founded as Flux Computing in March 2024 and rebranded in January 2026. He leads the development of photonic AI inference chips using Optical Tensor Processing Unit (OTPU) technology.
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