A British AI-chip startup is raising at $6.5bn after an Anthropic deal

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British AI-chip startup Fractile is currently in advanced negotiations to raise capital at a pre-money valuation of $6.5bn. This valuation represents a significant increase, being more than six times the amount the company fetched only three months ago. According to Bloomberg, this rapid jump in valuation follows a strategic deal to supply chips to Anthropic. The company is now leveraging this partnership to secure new funding as it expands its artificial intelligence hardware operations.
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