AdvertisementBusinessCompaniesEntrepreneur High school dropout’s company valued at $4.8 billion Louis Goss August 4, 2026 — 7:01am Save You have reached your maximum number of saved items. Share A A AA British start-up founded by a 25-year-old school dropout has been valued at £2.5 billion ($4.8 billion) as it develops new chips for the AI boom. UK entrepreneur James Dacombe’s start-up Olix is taking on Nvidia. Getty Images for Flickers' RIIFF The deal values Olix at $US3.3 billion, tripling its valuation since February, when the start-up raised a further $US220 million. AdvertisementSave You have reached your maximum number of saved items.