Tag: Fractile
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UK AI chip startup Fractile raises $220M to tackle the growing inference bottleneck
UK company Fractile has today raised a $220M Series B as it continues to build next-generation inference hardware for AI. The round was led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A, Felicis, Buckley Ventures and 8VC. Founded in 2022, Fractile is building next-generation inference hardware for frontier AI. Its read more
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UK tech startups urged to take bold risks, by AI minister, as chip startup Fractile invests £100M
UK tech startups are being urged to take bold risks, by the UK’s AI minister,saying the government will back them, as a UK chip startup pledges to invest £100m in its business. The call comes as the UK government looks to make the UK an AI superpower, attracting investment from tech giants to build massive read more
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