Hyderabad / Campbell, California, Aug 5, 2025 – Raja Koduri, one of the world’s most influential GPU architects with leadership stints at Intel, AMD, and Apple, today announced the launch of OXMIQ Labs Inc., a new GPU software and IP powerhouse set to transform AI and graphics computing globally. OXMIQ emerges from two years of stealth R&D with a world-class team holding 500+ years of combined GPU & AI experience, hundreds of patents, and over $100B in past product revenue impact. The company’s mission: to re-architect GPUs for the multimodal AI era, where text, images, audio, video, and 3D worlds work together seamlessly.

India in the Global Semiconductor & AI Race

With India pushing to become a semiconductor manufacturing and AI innovation hub through the government’s Digital India and India Semiconductor Mission, 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 Raja Koduri, Founder & CEO, OXMIQ. "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."

Ties to India’s Creative Tech Ecosystem

Koduri, also co-founder of Mihira Visual Labs™ with filmmaker SS Rajamouli and producer Shobu Yarlagadda, remains 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.

“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. “As we scale Mihira into a global creative platform, we’re thrilled to continue our close collaboration with OXMIQ and integrate their agentic GPU innovations into our storytelling stack.”

Software First

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.

Launching first on Tenstorrent’s platform, OXPython reflects OXMIQ’s mission to break hardware silos and accelerate open, high-performance computing. “We’re excited to partner with OXMIQ on their OXPython software stack,” said Jim Keller, CEO of Tenstorrent™. “OXPython’s ability to bring Python® workloads for CUDA to AI platforms like Wormhole™ and Blackhole™ is great for developer portability and ecosystem expansion. It aligns with our goal of letting developers open and own their entire AI stack.”

Backed by Global Investors

OXMIQ has raised $20 million in seed funding from prominent technology investors, including strategic players in mobile and AI silicon such as MediaTek®, secured early software revenues, and is actively engaging with Indian semiconductor and AI partners for collaboration. “OXMIQ has an impressive bold vision and world-class team,” said Lawrence Loh, SVP of MediaTek “The company’s GPU IP and software innovations will drive a new era of compute flexibility across devices – from mobile to automotive to AI on the edge.”

The OXMIQ Breakthrough: OXMIQ also delivers a complete GPU hardware IP stack, scaling from edge AI devices and robots to zettascale data centers. Its modular GPU core, OXCORE™, combines scalar, vector, and tensor engines with support for nano-agents, native Python acceleration, and CUDA/SIMD compatibility. With OXQUILT™, OXMIQ’s chiplet architecture, customers can scale from single-core edge devices to thousands of cores—optimizing compute, memory, and interconnect to reduce time to market and cost.

About OXMIQ Labs

Founded by Raja Koduri in 2025, OXMIQ Labs Inc. is a GPU software and IP company reimagining the graphics processor for the AI era. Its innovations in silicon architecture and developer software aim to power the future of multimodal computing across devices and industries. For partnerships, licensing, or careers, visit oxmiq.ai

About Mihira Visual Labs

Mihira Visual Labs is a Tech-first creative studio founded by Shobu Yarlagadda, Raja Koduri, and S. S. Rajamouli. Based in Hyderabad, the studio combines traditional DCC software, real-time production tools, and artistic storytelling, with the latest in AI and ML to reimagine the filmmaking process from concept to completion. Mihira’s core mission is to build scalable, efficient, and creatively empowering workflows that democratise high-end visual storytelling for a new generation of creators.

Media Contact:

media@oxmiq.ai

Chinnu Vinod | chinnu.vinod@kaizzencomm.com | +91 9035159167

Trademark Acknowledgements:

NVIDIA and CUDA are trademarks or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Python is a registered trademark of the Python Software Foundation. Tenstorrent, Wormhole, and Blackhole are trademarks of Tenstorrent Inc. MediaTek is a registered trademark of MediaTek Inc. All other product names, trademarks, and registered trademarks are property of their respective owners and are used for identification purposes only.