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UK-backed Fractile joins an AI-chip round worth more than £500 million

The UK government says its Sovereign AI Venture Fund and British Business Bank invested in Fractile as part of a funding round worth more than £500 million. The government source does not establish Fractile’s final valuation or that all capital went to production; reported dollar figures vary by outlet.

Fractile

AI chip financing

Funding & Deals

Published (date only)

Updated

1 source

Primary source · UK Government · November 11, 2026

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