Ex-Intel architect Raja Koduri launches chip startup OXMIQ Labs

Raja Koduri, the former chief architect and executive vice president of Intel's architecture, graphics and software division, on Tuesday, announced the launch of OXMIQ Labs Inc., a new GPU software and hardware IP startup. The company aims to re-architect GPUs for the multimodal AI era, where text, images, audio, video, and 3D worlds work together seamlessly.

After two years of intensive IP development, Koduri 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.

Koduri, one of the world’s most influential GPU architects, is particularly focused on the Indian market, which is becoming a semiconductor manufacturing and AI innovation hub through the government’s Digital India and India Semiconductor Mission. Koduri believes OXMIQ’s licensing-first model and software-first strategy open opportunities for Indian chipmakers, AI startups, and research institutes to access next-gen GPU IP without heavy capital investment.

“India has the talent and vision to lead in AI and semiconductor innovation,” said Koduri, who also worked as the senior vice president and chief architect of the Radeon Technologies Group, the graphics division at Intel's competitor AMD and had a stint at Apple Inc.

“OXMIQ is creating the deep-tech intellectual property stack essential for India’s sovereign zetta-scale AI infrastructure, enabling the emergence of a trillion-agent economy,” said Koduri.

Koduri, also co-founder of Mihira Visual Labs with filmmaker SS Rajamouli and producer Shobu Yarlagadda, remains a strategic advisor to Mihira. OXMIQ’s GPU IP will power Mihira’s cinematic AI platform, enabling Indian creators to tell global stories using AI-driven tools. He is also an investor and advisor at Makuta VFX, an Indian visual effects company, which he compared to Pixar.

OXMIQ takes a Software First approach, focusing on developer experience through a unified stack that works across both OXMIQ silicon and third-party GPU and AI platforms. Its software ecosystem, OXCapsule, removes hardware complexity and simplifies deployment across diverse environments. A key component, OXPython, allows Python-based NVIDIA CUDA AI applications to run on non-NVIDIA hardware—without any code changes.

OXMIQ also delivers a complete GPU hardware IP stack, scaling from edge AI devices and robots to zettascale data centres. With its chiplet architecture, customers can scale from single-core edge devices to thousands of cores—optimising compute, memory, and interconnect to reduce time to market and cost.

OXMIQ has raised $20 million in seed funding from technology investors, including MediaTek and is actively engaging with Indian semiconductor and AI partners for collaboration.