Raja Konduri founds new GPU software and IP powerhouse

Noted GPU architect Raja Koduri on Tuesday announced the launch of OXMIQ Labs Inc., a new GPU software and IP powerhouse aimed at transforming AI and graphics computing globally.

OXMIQ emerged 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.

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. He said "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."

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,” he stated.