Startup re-architects the GPU stack
Oxmiq Labs Inc., the all-new GPU software and IP startup founded by one of the top GPU architects and visionaries, Raja Koduri, has emerged from stealth after two years of intensive IP development.
Modern computing has undergone a significant transformation toward multimodal experiences, where text, audio, video, images, and 3D environments interact seamlessly. Central to this transformation is GPU architecture, which serves as the foundation for these advancements. Unlike fixed-function AI accelerators designed for specific tasks, GPUs offer the general-purpose computational flexibility needed to handle these diverse modalities. They also maintain deep integration with mainstream operating systems through standardised APIs and unified memory models. This architectural advantage positions GPUs as the essential computing engine for both current applications and the evolving landscape of multimodal AI, where heterogeneous workloads need to be processed in harmony.
OXMIQ has developed licensable GPU IP that re-architects 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 balances multimodal computing flexibility with the radical performance improvements required for next-generation graphics and AI workloads for its customers.
A software-first approach
Learning from decades of industry evolution, OXMIQ embraces a Software First strategy that prioritises developer experience through a comprehensive software stack compatible with both OXMIQ IP-based silicon and third-party GPU and AI accelerator platforms.
OXCapsule, a 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 democratisation of high-performance computing across the industry.
“OXPython’s ability to bring Python® workloads for CUDA to AI platforms like Wormhole and Blackhole is great for developer portability and ecosystem expansion,” said Jim Keller, CEO of Tenstorrent. “It aligns with our goal of letting developers open and own their entire AI stack.”

GPU hardware IP stack
Beyond software, OXMIQ delivers a complete GPU hardware IP stack that powers silicon scaling from Physical AI in edge devices and autonomous robots to enterprise edge infrastructure and zettascale data centres. The scalable GPU core, OXCORE, integrates scalar, vector, and tensor compute engines in a modular architecture customisable 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 centres via the OXQUILT chiplet architecture. Through OXQUILT, customers can configure optimal ratios of compute, memory and interconnect for their needs and achieve a significant reduction in time to market, R&D, and production costs versus current industry standard methodologies.
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.
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 CEO Shobu Yarlagadda leads. OXMIQ holds a minority stake in Mihira and will continue to support its growth through foundational agentic and GPU IP technologies that power its cinematic AI platform.
At OXMIQ, 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.
“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.
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