Oxmiq, an AI chip startup founded by former Intel chief architect Raja Koduri, has closed a $35 million funding round led by Samsung Catalyst Fund and Fudomo, with participation from MediaTek and Pegatron Venture Capital, bringing its total funding to $60 million. The company aims to integrate GPU, CPU, and tensor engines into a single IP module for licensing, and is developing a chiplet-plus-memory unified computing architecture. Oxmiq targets the custom chip market, competing directly with Broadcom, Marvell, and MediaTek. Koduri stated that Oxmiq's goal is to become 'the next ARM.' The new funds will be used to complete initial IP development, bring it to market, and expand the engineering team.