Renowned graphics processor architect Raja Koduri, known for his pivotal roles at Intel, AMD, and Apple, has introduced OXMIQ Labs Inc, a new venture dedicated to reshaping graphics and AI computing globally. Emerging after two years of intensive R&D, OXMIQ is built by a team with over 500 years of collective experience in GPU and AI design, a portfolio of hundreds of patents, and a track record of over $100 billion in previous product impact. The company aims to redefine GPU architecture for the new age of multimodal artificial intelligence, where text, visuals, sound, and virtual environments intersect seamlessly.
India’s growing ambition to establish itself as a powerhouse in chip manufacturing and AI innovation—driven by national initiatives like the India Semiconductor Mission—gets a fresh boost with OXMIQ’s India-first mindset. The company’s licensing-driven, software-focused approach offers Indian chipmakers, startups, and academic institutions access to next-generation GPU IP, removing the need for massive capital investments.
“India is ready to lead the next wave of semiconductor and AI breakthroughs,” said Raja Koduri, Founder and CEO of OXMIQ. “We’re building core intellectual property that will fuel India’s zettascale AI infrastructure and support the rise of a trillion-agent digital economy.”
Koduri continues to serve as a key advisor to Mihira Visual Labs™, a creative AI venture co-founded with filmmaker SS Rajamouli and producer ShobuYarlagadda. OXMIQ’s GPU IP will drive Mihira’s platform, enabling Indian storytellers to produce globally competitive, AI-powered cinematic content.
“Raja played a vital role in shaping Mihira’s early tech roadmap,” said Shobu Yarlagadda, CEO of Mihira Visual Labs and producer of the Baahubali franchise. “OXMIQ’s innovations are critical as we expand Mihira into a global creative platform. We’re excited to integrate their next-gen GPU stack into our storytelling pipeline.”
Staying true to a developer-first approach, OXMIQ is launching a software suite called OXCapsule™, designed to work seamlessly across its own silicon and third-party GPUs. A standout feature, OXPython™, enables Python-based NVIDIA® CUDA™ applications to run on other AI platforms without any code modification.
The software stack will first be available on Tenstorrent’s hardware, breaking platform barriers and improving software portability. “We’re proud to collaborate with OXMIQ,” said Jim Keller, CEO of Tenstorrent™. “Their tools like OXPython support greater interoperability, giving developers more flexibility and control across platforms like Wormhole™ and Blackhole™.”
OXMIQ has secured $20 million in seed capital from top-tier investors, including industry leaders like MediaTek®. The company has already begun generating software revenue and is actively forming partnerships within India’s AI and semiconductor sectors.
“OXMIQ brings a bold vision to the table, backed by a top-tier team,” noted Lawrence Loh, Senior Vice President at MediaTek®. “Their IP and software toolkit will be key in enabling compute innovation across mobile, automotive, and edge AI platforms.”
Beyond software, OXMIQ also introduces a full GPU hardware stack. Its core engine, OXCORE™, merges scalar, vector, and tensor processing units while supporting features like nano-agent execution, native Python acceleration, and compatibility with CUDA and SIMD. The company’s modular chiplet architecture, OXQUILT™, allows scaling from compact edge devices to massive zettascale datacenters—offering cost-efficient performance and faster product deployment for hardware developers.
