
AI startups lead €1.8B funding surge in Europe, July report shows
AI startups attracted €1.8B in July, leading European tech funding with 35+ deals last week, per tech.eu's monthly report.
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AI startups attracted €1.8B in July, leading European tech funding with 35+ deals last week, per tech.eu's monthly report.

Olix, an AI chip startup, raises $312M, tripling its valuation to $3.3B and making 25-year-old founder James Dacombe a billionaire.

Arm Holdings joins a $312M funding round for AI chip startup Olix, boosting its valuation to $3.3B and targeting AI inference markets.