Live and recent posts from across the Fediverse tagged #fractile, aggregated by home.social.
AI chip developer Fractile has secured a $720 million Series C funding round led by Thrive Capital, Founders Fund, Lightspeed Venture Partners, and Redpoint, with additional backing from Britain's Sovereign AI Fund.
The British government reported the company's valuation at over £5 billion, while media reports noted a valuation of $7 billion.
Fractile builds purpose-built AI chips and machine learning compil…
Sovereign AI and British Business Bank invest in British firm developing the next generation of AI hardware | Cabinet Office
UK Government’s Sovereign AI and the British Business Bank back Fractile – a Bristol and London based frontier…
#NewsBeep #News #UnitedKingdom #AI #alan #alongside #bank #Bristol #Britain #British #Budget #Business #Chancellor #Fractile #fund #GB #government #GreatBritain #Investment #London #november #sovereign #UK #Walter #wednesday
https://www.newsbeep.com/uk/831373/