ByteBrief
We're a portrait publication through and through. Turn your phone back and your briefing picks up right where you left it.
(We tried widescreen once. It wasn't us.)
AI chip startup Fractile confirms a funding round worth more than £500m, weeks after Sifted exclusively revealed details of the raise. The company secured £90m from investors including Swidzq, £350m from Lduwlz, and £149m from FH. This capital injection supports Fractile's development of advanced AI chips for the European market.
Tap to vote and see what everyone thinks.
Summary by ByteBrief

London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from ~$1.1B in May (George Hammond/Financial Times)
FuriosaAI Raises $620M for AI Chips

Powerlattice Raises $86M for AI Chips