Fractile raises $720 million in Series C funding

1. 11:34
   ITHome · AI

   British AI chip startup Fractile receives government funding support, valuation reaches $7 billion

   British AI chip startup Fractile has completed a C round funding of over $720 million, valuing the company at $7 billion, with participation from the UK government's sovereign AI risk investment fund and UK commercial banks. The company aims to develop AI inference computing hardware that does not compromise on throughput, model size, or context length. Anthropic plans to deploy its 'simulated memory computing' chip by 2027.

2. 07:54
   36Kr · AI

   British chip startup Fractile is valued at $7 billion, and Anthropic intends to be among the first customers

   Chip startup Fractile raises $720 million in funding, valuing it at $7 billion post-investment, becoming one of the highest-valued startups in the UK. Its self-developed AI chip with custom memory, Anthropic intends to be among the first customers.

3. 03:34
   TechCrunch · AI

   British AI chip startup Fractile raises $720 million in C round funding

   British AI chip startup Fractile raised $720 million in Series C funding from Sovereign AI Fund, among others, with a valuation potentially reaching $7 billion. The company plans to launch its first chip and system next year, with its full-stack solution including a machine learning compiler to accelerate LLM execution.

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