Fractile Secures $250 Million Contract with Anthropic, Valuation Climbs to $6.5 Billion
Fractile, a UK-based AI inference chip startup, has signed a preliminary chip procurement agreement with Anthropic worth approximately $250 million. It is now seeking $600 million in funding at a $6.5 billion valuation, a more than sixfold increase from its roughly $1 billion valuation three months ago.