CAMPBELL, Calif.--(BUSINESS WIRE)--Aug 5, 2025--
Oxmiq Labs Inc., the all-new GPU software and IP startup founded by one of the world’s top GPU architects and visionaries, Raja Koduri, emerges from stealth after two years of intensive IP development. Raja has assembled a world-class team of GPU and AI architects with over 500 years of combined experience, hundreds of patents, and a collective track record of generating more than $100B in revenue at prior companies.
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OXMIQ Hardware: Scalable GPU Silicon IP
OXMIQ Software: Dynamic Heterogeneous Containers.
Raja Koduri Founder / CEO Oxmiq Labs Inc.
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The Opportunity:
Modern computing has fundamentally shifted toward multimodal experiences where text, audio, video, images, and 3D environments seamlessly interact, establishing GPU architecture as the cornerstone of this transformation. Unlike fixed-function AI accelerators that handle specific tasks, GPUs provide the general-purpose computational flexibility required for these diverse modalities while maintaining deep integration with mainstream operating systems through standardized APIs and unified memory models. This architectural advantage positions GPUs as the essential compute engine for both current applications and the emerging landscape of multimodal AI, where heterogeneous workloads must be processed in harmony.
OXMIQ™'s licensable GPU IP rearchitects the GPU from first principles incorporating breakthrough technologies including nano agents in silicon leveraging RISC-V cores, near-memory and in-memory computing, and light transport. OXMIQ delivers solutions that balance multimodal computing flexibility with the radical performance improvements required for next-generation graphics and AI workloads for its customers.
Software First:
Learning from decades of industry evolution, OXMIQ embraces a Software First strategy that prioritizes developer experience through a comprehensive software stack compatible with both OXMIQ IP-based silicon and third-party GPU and AI accelerator platforms.
OXCapsule™, OXMIQ's unified software ecosystem, abstracts away hardware complexity to provide frictionless deployment across diverse computing platforms, eliminating the configuration challenges that traditionally plague heterogeneous environments.
A flagship component, OXPython™, enables Python-based NVIDIA® CUDA™ AI applications to execute seamlessly on non-NVIDIA hardware without code modification or recompilation. Launching initially on Tenstorrent's AI platform later this year with multiple vendor integrations in progress, OXPython demonstrates OXMIQ's commitment to breaking down hardware silos and accelerating the democratization of high-performance computing across the industry.
“We’re excited to partner with OXMIQ on their OXPython software stack,” said Jim Keller, CEO of Tenstorrent™. “OXPython’s ability to bring Python® workloads for CUDA to AI platforms like Wormhole™ and Blackhole™ is great for developer portability and ecosystem expansion. It aligns with our goal of letting developers open and own their entire AI stack.”
The OXMIQ Breakthrough:
Beyond software, OXMIQ delivers a complete GPU hardware IP stack that powers silicon solutions scaling from Physical AI in edge devices and autonomous robots to enterprise edge infrastructure and zettascale data centers. Their scalable GPU core, OXCORE™, integrates scalar, vector, and tensor compute engines in a modular architecture customizable for specific workloads, enabling nano-agents, native Python acceleration, and compatibility with SIMD/CUDA paradigms.
OXCORE scales seamlessly from single core for compact Physical AI applications to thousands of cores for data centers via the OXQUILT™ chip-let architecture. Through OXQUILT, customers can configure optimal ratios of compute, memory and interconnect for their needs and achieve significant reduction in time to market, R&D and production costs v/s current industry standard methodologies.
Capital Efficiency & Market Traction:
OXMIQ has raised $20 million in seed funding from prominent technology investors, including strategic players in mobile and AI silicon such as MediaTek®, and has recorded its first round of software revenue. With its licensing-first model, OXMIQ avoids the heavy capital requirements of chip startups that depend on expensive EDA tools and physical tape-outs — delivering outstanding capital efficiency.
“OXMIQ has an impressive bold vision and world-class team,” said Lawrence Loh, SVP of MediaTek “The company’s GPU IP and software innovations will drive a new era of compute flexibility across devices – from mobile to automotive to AI on the edge.”
Mihira™:
After co-founding Mihira two years ago with Shobu Yarlagadda and SS Rajamouli, Raja Koduri has transitioned out of day-to-day operations at Mihira to focus full-time on running OXMIQ. Raja now acts as a strategic advisor to Mihira Visual Labs™, which is led by CEO Shobu Yarlagadda. OXMIQ holds a minority stake in Mihira and will continue to support its growth through foundational agentic and GPU IP technologies that power Mihira’s cinematic AI platform.
“Raja’s early contributions to Mihira helped shape our foundational vision of cinematic AI. Now, with OXMIQ, he and his team are building the deep-tech infrastructure that powers our next chapter,” said Shobu Yarlagadda, Co-Founder and CEO of Mihira Visual Labs™, and acclaimed producer of the Baahubali film series. “As we scale Mihira into a global creative platform, we’re thrilled to continue our close collaboration with OXMIQ and integrate their agentic GPU innovations into our storytelling stack.”
To learn more about licensing, investment, or career opportunities visit us on the web at oxmiq.ai.
Trademark Acknowledgments
NVIDIA and CUDA are trademarks or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Python is a registered trademark of the Python Software Foundation. Tenstorrent, Wormhole, and Blackhole are trademarks of Tenstorrent Inc. MediaTek is a registered trademark of MediaTek Inc. All other product names, trademarks, and registered trademarks are property of their respective owners and are used for identification purposes only.
OXMIQ Logo & Tagline
OXMIQ Hardware: Scalable GPU Silicon IP
OXMIQ Software: Dynamic Heterogeneous Containers.
Raja Koduri Founder / CEO Oxmiq Labs Inc.
BOGOTÁ, Colombia (AP) — Colombians milled into voting stations on Sunday in the first round of the South American nation’s presidential election, choosing between candidates with radically diverging visions for the future of peace in a country haunted by decades of armed conflict.
The vote, seen as a referendum on outgoing President Gustavo Petro’s policies, comes 10 years after Colombia signed an historic peace pact with guerrillas of the Revolutionary Armed Forces of Colombia, or FARC.
That agreement offered hope to break the nation out of a vicious cycle of fighting between rebel groups and the government but violence has roared back since then, coming to a head in the lead-up to the presidential vote. Criminal groups have increasingly launched drone strikes, armed attacks have plagued the race and last June, 39-year-old politician and presidential hopeful Miguel Uribe Turbay was fatally shot at a political rally.
In a country where the fight for peace has long been a part of the political ethos, the question of how to address the conflict is once again dividing the country.
The vote is slated to send a message to Latin America at a time voters are increasingly ditching leaders that pitched progressive policies, like providing opportunities to youths and rooting out corruption, to solve security ails, turning instead to heavy-handed security crackdowns like El Salvador's. It also comes as the Trump administration is placing renewed pressure on the region.
“Today's election isn't just important for us, it's important for all of Latin America,” said Juan Acevedo, a 62-year-old sociologist walking out of a voting station in Colombia's capital on Sunday morning. “Whoever wins here will suggest to the region if progressive policies will continue or if things are going to return to the right.”
There are 11 candidates running for president, but the election has basically turned into a three-horse race.
Senator and peace-builder Ivan Cepeda — a Petro ally — has led the polls and promises to carry on with Petro's “total peace” initiative to negotiate with the country’s remaining rebel groups and sign peace agreements with them in an effort to resolve the persistent crisis.
While the peace plan has largely failed as criminals have taken advantage of ceasefires with the government, Cepeda and Petro have maintained strong support among many because of progressive policies pushed forward under Petro, such as boosting the minimum wage.
Running against Cepeda are Abelardo de la Espriella and Paloma Valencia, who have vowed to come down on armed groups with a heavier hand.
De la Espriella — a bombastic lawyer known as “The Tiger” — has particularly gained traction among voters in recent weeks for pitching himself as an outsider keen on emulating the heavy-handed tactics used in El Salvador’s war on gangs, which sharply reduced gang violence but fueled accusations of human rights abuses.
Valencia is considered the political protege of Colombia's former president and strongman Álvaro Uribe, who governed from 2002 to 2010 with strong support from the United States and whose government beat back FARC rebels in an offensive that took a massive civilian toll.
Both de la Espriella and Valencia have touted their affinity for U.S. President Donald Trump even as he has taken a more aggressive stance toward Latin America than any U.S. president in decades and has pressured nations like Colombia, Ecuador and Mexico to more forcefully crack down on criminal groups.
If no candidate wins at least 50% of the vote — something extremely rare in Colombia — the two top vote-getters will face a runoff in June.
Maria Eugenia, a 57-year-old seamstress who was stitching a pair of jeans on Friday in downtown Bogotá, Colombia's capital, said she welcomed an all-out offensive on an expanding slate of criminal groups, regardless of the human cost.
While she approved of Petro’s pushes to improve the country's medical infrastructure, she said she was voting for de la Espriella because violence in rural areas of the country has gotten out of hand. She said negotiating peace pacts was simply “rewarding” armed groups.
“Of course, whenever you come down with a heavy hand, there’s always going to be debate,” she said. “But some people are going to have to fall to clean up what needs to be cleaned.”
Others, like Acevedo, the sociologist strolling out of a polling station on Sunday with packs of other voters, said a security crackdown like the one promoted by de la Espriella would only be returning to past military campaigns that he said only reinforced Colombia's cycle of violence.
He said he planned to vote for Cepeda, adding that while the government hasn't done a perfect job — failing to pass ambitious reforms and follow through on promises to reduce violence — it was better to continue pushing forward with their political coalition's efforts to take a different approach in addressing the country's violence.
He added that his main critique of Petro's administration was the power grabs made by criminal groups as they negotiated with the government. He said he hoped that if Cepeda won, he would strike a better balance between negotiating peace and maintaining control over those groups.
“We're a country that has lived through 60 years of conflict,” Acevedo said. “The danger here is that we return to the times where everyone is saying that the only way to solve our problems is with bullets and more war.”
Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america
A voter marks a ballot during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
Supporters of presidential candidate Ivan Cepeda of the ruling Historic Pact coalition gather outside the polling station where he voted during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
Presidential candidate Ivan Cepeda of the ruling Historic Pact coalition gestures to supporters after voting during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
Voters check polling information during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
President Gustavo Petro shows a ballot during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
Voters line up at a polling station during the presidential election in Bogota, Colombia, Sunday, May 31, 2026. (AP Photo/Matias Delacroix)
Presidential candidate Abelardo de la Espriella of the Defenders of the Motherland movement depart a polling station after voting during the presidential election in Barranquilla, Colombia, Sunday, May 31, 2026. (AP Photo/Ivan Valencia)
Soldiers patrol as voters arrive at a polling station during the presidential election in Barranquilla, Colombia, Sunday, May 31, 2026. (AP Photo/Ivan Valencia)
Electoral workers set up a voting center in preparation for Sunday's presidential election in Bogota, Colombia, Friday, May 29, 2026. (AP Photo/Matias Delacroix)
A man rides his motorcycle past the ruins of homes destroyed five months earlier in an attack by dissidents of the former Revolutionary Armed Forces of Colombia, or FARC, in Buenos Aires, Cauca, Colombia, Wednesday, May 20, 2026.(AP Photo/Santiago Saldarriaga)
Presidential candidate Sen. Paloma Valencia of the Democratic Center party waves supporters during a campaign rally in Bogota, Colombia, Sunday, May 24, 2026. (AP Photo/Ivan Valencia)
Presidential candidate Abelardo de la Espriella of the Defenders of the Motherland movement and his running mate Jose Manuel Restrepo, left, raise their fit from behind a bullet proof booth during a campaign rally in Barranquilla, Colombia, Saturday, May 23, 2026. (AP Photo/Fernando Vergara)
Sen. Ivan Cepeda, presidential candidate of the ruling Historic Pact coalition, speaks to supporters during a campaign rally in Bogota, Colombia, Friday, May 22, 2026. (AP Photo/Fernando Vergara)
