Techmeme · Reported · industry

Sources: AI chip startup Fractile is in talks to raise ~$600M at a $6.5B pre-money valuation, up from ~$1B in May, and has an initial ~$250M deal with Anthropic (Bloomberg): Bloomberg : Sources: AI chip startup Fractile is in talks to raise ~$600M at a $6.5B pre-money valuation, up from ~$1B in May, and has an initial ~$250M deal with Anthropic — Fractile, a startup developing chips tailored for artificial intelligence use that has a deal to supply Anthropic PBC …