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📐SiliconANGLE AI
August 3, 2026
Funding & Investment

Netflix co-founder backs $312M round for optical inference appliance maker Olix

Overview

Artificial intelligence hardware startup Olix Computing Ltd. today announced that it has raised $312 million in funding. The Series C round included contributions from Arm Holding plc, Netflix Inc.

Key Takeaways

  • SiliconANGLE UPDATED 18:33 EDT / AUGUST 03 2026 AI Netflix co-founder backs $312M round for optical inference appliance maker Olix by Maria Deutscher Artificial intelligence hardware startup Olix Computing Ltd.
  • As a result, it can't fit in the underlying chip's internal SRAM memory.

    Graphics cards address the challenge by offloading the KV cache to off-chip HBM memory.

  • Olix stated that the DX-1 "holds a model in fast on-chip memory, SRAM, for higher energy efficiency and lower latency.

    " The company plans to ship the chip as part of a data center appliance called the X-1.

  • A traditional optical interconnect with a handful of high-speed channels encodes data into light using a technology called PAM4.
  • Olix hopes to start shipping its chips in the first half of 2027.

Stats & Key Facts

  • #today announced that it has raised $312 million in funding.
  • #3 billion, about triple what it was worth after its previous raise in February.
  • #] The post Netflix co-founder backs $312M round for optical inference appliance maker Olix appeared first on SiliconANGLE.
  • #SiliconANGLE UPDATED 18:33 EDT / AUGUST 03 2026 AI Netflix co-founder backs $312M round for optical inference appliance maker Olix by Maria Deutscher Artificial intelligence hardware startup Olix Computing Ltd.
Netflix co-founder backs $312M round for optical inference appliance maker Olix

SiliconANGLE UPDATED 18:33 EDT / AUGUST 03 2026 AI Netflix co-founder backs $312M round for optical inference appliance maker Olix by Maria Deutscher Artificial intelligence hardware startup Olix Computing Ltd. today announced that it has raised $312 million in funding. The Series C round included contributions from Arm Holding plc, Netflix Inc.

co-founder Reed Hastings and several others. 3 billion, about triple what it was worth after its previous raise in February. When a large language model receives a prompt, it turns the text into a collection of mathematical values called a KV cache.

It then uses the KV cache to generate a prompt response. The latter phase of the inference workflow is known as the decode stage. London-based Olix is developing a chip called the DX-1 that is specifically optimized for decode workloads.

For more details please read the original article at SiliconANGLE AI.

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