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Raised 4.8 billion in funding! AI chip unicorn's valuation increased sixfold in six months, the first chip is still under development.

October 3, 2017 | 智东西


Raised 4.8 billion in funding! AI chip unicorn's valuation increased sixfold in six months, the first chip is still under development.
Zhi东西(WeChat official account: zhidxcom) compiled | Sun Xiaowen edited | Cheng Xi Zhi东西 reported on November 12, that yesterday, the UK AI inference chip unicorn Fractile announced that it has completed a $720 million C round of financing. This round was led by Lightspeed Venture Partners and Dragonfly Capital, with participation from Google's CapitalG and the UK National AI Venture Fund Sovereign AI. The company's post-money valuation reached $7 billion,