NextWeb · 1 min read

A British AI-chip startup is raising at $6.5bn after an Anthropic deal

A British AI-chip startup is raising at $6.5bn after an Anthropic deal

Fractile, a British startup building chips for artificial intelligence, is in advanced talks to raise money at a valuation more than six times what it fetched three months ago, Bloomberg reported. The jump follows a deal to supply chips to Anthropic. The company is raising funds at a pre-money valuation of $6.5bn, according to people […] This story continues at The Next Web

This is a summary aggregated from NextWeb. Read the complete article on the original site:

Read full article at NextWeb

More AI & Machine Learning News