Fractile raises $720M Series C to build AI inference chips
AIFractile, a British AI chip startup, has raised a $720 million Series C round backed by Britain's Sovereign AI Fund. The round was led by Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint, and the government put the valuation at over £5 billion.
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TechCrunch · AI · Anna Heim · techcrunch.comPublished · added here
Original title: With $720M round, Britain’s Fractile gets a leg up in the race for AI chips