UK chip startup Fractile has raised $220 million in a Series B funding round.

In a statement, the company said the round – which was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund – would help accelerate the development and commercialization of its forthcoming AI inference chips.

23 Jan 2025

AI chip startup Fractile is grappling with the inference time concept

Inference is the new AI buzzword. Fractile is building hardware to support it at scale