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UK-Backed AI Chip Startup Fractile Valued at $7 Billion in Funding Round

Fractile reached a $7 billion valuation in its latest fundraising round, which included backing from the British government, a person involved in the deal said Wednesday.

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By Sam TabahritiAI chip startup Fractile was valued at $7 billion in its latest fundraising round, which included backing from the British government, a person involved in the deal said on Wednesday, making it one of Britain's most valuable technology startups.The London- and Bristol-based company…

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