AI chip startup Fractile raises $15M seed funding to challenge Nvidia in the AI chip market.

Fractile, a London-based AI chip startup founded by 28-year-old PhD. graduate Walter Goodwin, has emerged from stealth with $15M in seed funding to challenge Nvidia's dominance in AI chip market. The startup aims to offer a chip design different from Nvidia's GPUs, joining other companies like Groq, Mythic, Rain AI, Cerebras, Graphcore, and AMD in targeting the booming AI applications market. Fractile plans to use the funds to grow its team, build partnerships, and accelerate progress on its first products.

July 26, 2024
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