Startup with ‘radical’ concept for AI chips emerges from stealth with $15 million to try to challenge Nvidia
The startup, Fractile, is the brainchild of Walter Goodwin, a 28-year old PhD. graduate from the University of Oxford’s ...
Design-Reuse1mon
Fractile raises $15m seed funding to develop radical new AI chip and unlock exponential performance improvements from frontier AI models
London, 26th July 2024 - Fractile, a UK company building a groundbreaking new AI chip to deliver exponential performance improvements for AI models, has today exited stealth and announced $15m (£12m) ...
The Next Web1mon
3 promising European startups in the race for next-generation chips
This is also where the continent’s startups can play a pivotal role. Last week, London-based Fractile emerged from stealth with a £15mn seed funding round for its “radical” chip design that ...
Fortune25d
Nvidia challenger Groq just raised $640 million for its AI chips. Its college dropout CEO says a viral moment was ‘a game changer’
Groq is not the only AI chip startup looking to challenge Nvidia: Cerebras, for example, recently filed confidentially for an IPO, while SambaNova, Etched, and Fractile are also in the mix. And of ...
Mint8d
India's inflation targeting: Base it on reality and not perceptions
Further, the HCES data gives us consumption patterns by fractile classes of households. Examining these, we can see that the ...
Startups1mon
These are the pioneering AI startups that raised the most money this year
AI chip startup Fractile emerged from stealth mode at the end of July with an announcement it had raised $15m (around £11.7m) in seed funding. The startup was founded in 2022 by CEO Walter Goodwin, ...
The Hindu23d
Counting the ‘poor’ having nutritional deficiency
In the second step, estimated persons are arranged into 20 fractile classes of MPCE (poorest to richest), each comprising five per cent population, with the estimates of average per capita per day ...
Business Insider India6mon
India's rural-urban income gap declines sharply amid fall in poverty level: SBI Report
Across fractile classes, urban consumption is only 68 per cent more dissimilar than rural counterpart, a number much less than the all India average. This indicates the bottom half of the rural ...
Nvidia challenger Groq just raised $640 million for its AI chips. Its college dropout CEO says a viral moment was ‘a game changer’
Groq is not the only AI chip startup looking to challenge Nvidia: Cerebras, for example, recently filed confidentially for an ...
Startups1mon
These are the pioneering AI startups that raised the most money this year
This article will be updated monthly to include all the latest AI funding news for UK startups. AI chip startup Fractile emerged from stealth mode at the end of July with an announcement it had raised ...