AI chip startup Oxmiq has successfully raised $35 million in a funding round led by Samsung Catalyst Fund and Fudomo, with additional investments from MediaTek and Pegatron Venture Capital. This latest round brings Oxmiq's total funding to $60 million. Founded by former Intel Chief Architect Raja Koduri, the California-based company aims to integrate GPU, CPU, and tensor engine components into a single IP module for licensing. Oxmiq plans to develop an integrated computing architecture featuring Chiplets and memory, positioning itself to compete with industry giants like Broadcom, Marvell, and MediaTek. The newly acquired funds will be directed towards completing the development of its initial IPs and expanding its engineering team, as the company strives to become a leading player in the custom chip market.