Fractile raises $720M to advance AI chip development

First reported by Techmeme at Wed 7:20 AM · 3 outlets in all

1. Crypto Briefing23mFractile raises $720M to advance AI chip developmentFractile's funding surge highlights the intense competition and investor confidence in AI hardware innovation, challenging market leaders.
2. TechCrunch28mWith $720M round, Britain’s Fractile gets a leg up in the race for AI chipsFractile has now become one of the top-funded players in the race for purpose-built AI chips.
3. Techmeme6hLondon-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from ~$1.1B in May (George Hammond/Financial Times)