British AI chip startup Fractile raises $720M to advance full-stack AI hardware with innovative DRAM design
Fractile, a UK-based AI chip startup, secured $720 million in a Series C funding round led by Thrive Capital and others, with backing from Britain's Sovereign AI Fund. Valued at over £5 billion, Fractile aims to compete in the AI hardware race focusing on purpose-built chips to reduce AI model inference costs. Its unique approach involves stacking DRAM directly on chips to overcome traditional memory-capacity tradeoffs, which is critical for running large AI models efficiently. Besides hardware, Fractile develops a full-stack machine learning compiler to maximize execution speed for large language models. The company plans to ship its first chips and systems next year, striving to support the growing demand for agentic AI capable of longer task chains without speed loss.
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British AI chip startup Fractile raises $720M to advance full-stack AI hardware with innovative DRAM design
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Fractile, a UK-based AI chip startup, secured $720 million in a Series C funding round led by Thrive Capital and others, with backing from Britain's Sovereign AI Fund. Valued at over £5 billion, Fractile aims to compete in the AI hardware race focusing on purpose-built chips to reduce AI model inference costs. Its unique approach involves stacking DRAM directly on chips to overcome traditional memory-capacity tradeoffs, which is critical for running large AI models efficiently. Besides hardware, Fractile develops a full-stack machine learning compiler to maximize execution speed for large language models. The company plans to ship its first chips and systems next year, striving to support the growing demand for agentic AI capable of longer task chains without speed loss.