Tech Updates: Oxmiq Presents Scalable GPU Technology for AI, Clay Raises $100 Million for Automation Advancements
In the ever-evolving world of technology, Oxmiq Labs has recently made a significant stride by introducing a scalable GPU hardware IP and unified software stack, designed specifically for AI, graphics, and multimodal workloads. This innovative technology, backed by a $20 million seed round, includes the support of MediaTek.
Oxmiq’s GPU IP core, named OxCore, is built on the RISC-V instruction set architecture and integrates scalar, vector, and tensor compute engines in a modular architecture that supports near-memory and in-memory computing. This scalable IP can be configured using their chiplet-based SoC builder, OxQuilt, enabling the rapid, cost-effective creation of customized SoCs tailored to workload requirements.
One of the key aspects of Oxmiq’s innovation is its software compatibility with NVIDIA CUDA applications. Their OXPython technology enables running Python-based CUDA workloads unmodified on non-NVIDIA hardware, providing a seamless transition path for AI developers with existing CUDA codebases. This compatibility could potentially broaden the adoption of Oxmiq’s technology in the AI infrastructure market without the need for software rewrites.
Oxmiq Labs also holds a minority stake in Mihira Visual Labs, collaborating on integrating their agentic GPU innovations into cinematic AI platforms. Initial software deployment is targeted for Tenstorrent’s AI platform this year, showing early traction in real-world AI hardware ecosystems.
The new GPU technology is poised to make a significant impact in the AI hardware IP market, offering a high degree of scalability and compatibility with existing CUDA workloads. Its modular chiplet architecture and RISC-V foundation position it as a flexible alternative in a market dominated by monolithic, proprietary GPU designs.
Meanwhile, in the realm of cryptocurrencies, predictions suggest strong year-end growth for XRP, PEPE, SHIB, and a newcomer TOKEN6900. According to DeepSeek AI, market sentiment and tech indicators signal bullish potential across these digital assets.
Elsewhere, Microsoft is planning to invest $80 billion in 2025 to build AI-powered data centers supporting Azure AI and Copilot. AI is central to Microsoft's business model, generating recurring revenue through subscriptions and deep product integration.
In the legal sector, the Appellate Tribunal for Electricity (APTEL) is recruiting for a Law Researcher position. Candidates must be law graduates or final-year law students, with computer proficiency and eligibility to enroll with the Bar Council of India. Applications must be submitted to the Deputy Registrar at APTEL, New Delhi, by August 8, 2025. The remuneration for the position is ₹65,000 per month.
Lastly, an AI-driven sales automation platform, Clay, has raised $100M at a $3B valuation. Founded by Raja Koduri, Oxmiq Labs' GPU technology allows CUDA-based software to run on non-NVIDIA hardware without code changes, potentially revolutionizing the AI computing landscape.
Investing in Oxmiq Labs could potentially lead to significant returns, given their new GPU technology designed for AI, graphics, and multimodal workloads is poised to make a significant impact in the AI hardware IP market. With its compatibility with NVIDIA CUDA applications and modular chiplet architecture, Oxmiq's technology offers a high degree of scalability and flexibility, positioning it as a promising alternative in a market dominated by monolithic, proprietary GPU designs.
Meanwhile, the cryptocurrency market is predicted to see strong year-end growth for XRP, PEPE, SHIB, and TOKEN6900, according to DeepSeek AI's market sentiment and tech indicators. This bullish potential across these digital assets could attract investors seeking opportunities in the cryptocurrency sector.
