Tag: AI chips
6 articles tagged AI chips
Fractile raises £165m Series B as UK AI inference-chip race heats up
London-based Fractile has raised £165m ($220m) in Series B funding to build inference chips, hitting a $1bn post-money valuation as UK silicon start-ups draw fresh capital.
UK AI Chip Startup Olix Raises $220m at $1bn Valuation
London-based Olix, founded by 25-year-old James Dacombe, has raised $220m to develop a novel AI chip architecture designed to be faster and cheaper than Nvidia's GPUs.