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464 UK AI chip startup emerges from stealth with £12m to take on Nvidia

UK Tech News
Oscar Hornstein @ UK Tech News · 07/26/2024 06:02 EDT

UK AI chip startup emerges from stealth with £12m to take on Nvidia

Fractile, a London-based AI chip startup looking to break up the dominance of Nvidia, has emerged from stealth with a £12m seed round. Founded in 2022, Fractile claims the AI industry’s over-reliance on a small variety of chips is limiting its performance. The company said the chips used by the largest AI companies are well-suited ...

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