Media report · AI-ASSISTED BRIEF
Fractile Raises $720M Series C to Build Stacked-DRAM AI Inference Chips
Report publication · YYSI publication
According to TechCrunch, British AI chip startup Fractile has raised a $720 million Series C backed by Britain's Sovereign AI Fund, with Thrive Capital, Founders Fund, Lightspeed and Redpoint leading, per TechCrunch. The British government cited a valuation over £5 billion. Fractile's design stacks DRAM atop each chip to ease the memory-capacity tradeoff, paired with an ML compiler; its CEO said the funding will enable shipping first chips and systems next year.
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techcrunch.com · Read the original source ↗
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