British inference chip startup Fractile bags $220M to accelerate token consumption

U.K.-based artificial intelligence inference chip startup Fractile Ltd. said today it has closed on a $220 million Series B round of funding. The round was co-led by Accel, Factorial Funds and Founders Fund, and saw the participation of Conviction, Gigascale, O1A, Felicis, Buckley Ventures, 8VC and existing backers.