Fractile in talks to raise at a $6.5bn valuation

Fractile in talks to raise at a $6.5bn valuation

Fractile, a British startup building chips for artificial intelligence, is in advanced talks to raise money at a valuation more than six times what it fetched three months ago, Bloomberg reported. The jump follows a deal to supply chips to Anthropic. The company is raising funds at a pre-money valuation of $6.5bn, according to people […] This story continues at The Next Web

Fractile eyes $6.5B valuation after Anthropic chip deal as UK AI challenger takes aim at Nvidia

Fractile is in talks to raise $600M at a $6.5B valuation, up sixfold from May. The jump follows a $250M chip deal to supply AI inference hardware to Anthropic. Chips won’t ship until 2027, putting Fractile against rivals Cerebras, Etched and Groq. British chip startup Fractile is in advanced talks to raise around $600 million at a $6.5 billion pre-money valuation, according to Bloomberg, more than six times what it was worth after its last rou…

Fractile in talks for $6.5B valuation, a sixfold jump from its May round

Fractile's rapid valuation surge highlights growing investor confidence in AI hardware innovation, potentially reshaping the competitive landscape. The post Fractile in talks for $6.5B valuation, a sixfold jump from its May round appeared first on Crypto Briefing.