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Docs: London-based AI chip startup Olix, founded by James Dacombe, CEO of brain monitoring startup CoMind, raised $220M led by Hummingbird at a $1B+ valuation (Tim Bradshaw/Financial Times)

Techmeme [Unofficial] February 11, 2026
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Tim Bradshaw / Financial Times: Docs: London-based AI chip startup Olix, founded by James Dacombe, CEO of brain monitoring startup CoMind, raised $220M led by Hummingbird at a $1B+ valuation   —  London-based Olix targets development of AI chips that are faster and cheaper than Nvidia's  —  A 25-year-old British entrepreneur …

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