Published: May 14, 2026 at 9:07 am
A UK company aiming to build a chip to deliver exponential performance improvements for AI models has raised £160 million funding.
Fractile, which in 2024 exited stealth with £12m in seed funding, was founded in 2022 by artificial intelligence PhD Walter Goodwin.
It has developed a radically different approach to the design of chips for AI inference that it claims can deliver transformational improvements in performance for frontier AI models in deployment.