Oxmiq Labs enters the GPU market, softly

YARC—Yet Another RISC-V Competitor.

August 5, 2025

Jon Peddie

Raja Koduri’s start-up, Oxmiq Labs, launched with $20 million to reinvent the GPU technology stack with a software-first approach. The company will offer licensable hardware IP, not consumer chips. Its products include OxCore, a RISC-V GPU IP, and the OxQuilt chiplet design tool. The company’s software, led by OxPython, allows CUDA applications to run on non-Nvidia hardware, aiming to solve long-standing software-architecture incompatibility. Oxmiq is partnering with companies like Tenstorrent to build its ecosystem before its own silicon is available. Oxmiq Labs, founded in 2023 by Raja Koduri, with $20 million in seed funding, revealed its plans to reinvent the

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Oxmiq Labs enters the GPU market, softly

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