UK AI hardware start-up Fractile is in talks to raise funding of around $600m at a pre-money valuation of $6.5bn, according to Bloomberg.

British AI-chip startup Fractile is in talks to raise at a $6.5bn valuation, Bloomberg reports, six times its May price, after a deal to supply Anthropic.

London AI chip startup Fractile is negotiating a $600M raise at a $6.5B valuation, up sixfold from its May Series B, as it courts Anthropic as a