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UK AI Chip Startup Fractile Closes $720 Million Series C

1 reports 1 reporting sources 2 h前 updated

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UK AI chip startup Fractile has completed a $720 million Series C round, valuing the company at over £5 billion. The round was led by Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint, with support from the UK's sovereign AI fund. Only one report on the event exists so far, with no further developments disclosed.

AI overview of reporting · Updated 1 h前

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11/12
  1. TechCrunch · AI
    With $720M round, Britain’s Fractile gets a leg up in the race for AI chips

    British AI chip startup Fractile completed a $720 million Series C round at a valuation of over £5 billion, with support from the UK's sovereign AI fund, led by Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint.

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