“We have a chance to build Britain’s first one trillion dollar company,” says executive at top UK chip startup

A top executive at one of the UK‘s hottest AI startups has made the bold claim that it has the potential to be Britain's first one trillion dollar company. Carmen Alfonso Rico is a VC-turned-angel investor-turned operator. Rico, who started her own VC fund, Cocoa Ventures, in 2021, joined UK chip startup Fractile , a UK startup that designs chips for AI inference, the process of running an AI model, in June this year.