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School Dropout's AI Startup Hits $3.3B Valuation in Nine Years: Founder Turns Billionaire at Just 25

International Business Times UK — August 11, 2026 at 10:11 AM UTC

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School Dropout's AI Startup Hits $3.3B Valuation in Nine Years: Founder Turns Billionaire at Just 25

British AI chip innovator Olix raised $312M in Series B, valuing the company at $3.3B (£2.5B). Founder James Dacombe's stake is worth £946M as they prepare to launch their groundbreaking chip in 2027.