Fractile in talks to raise ~$600M at $6.5B pre-money after an initial $250M Anthropic chip deal

Fractile/Fractile inference chip

Fractile was reported to be raising about $600M at a $6.5B pre-money valuation, more than six times its May value, co-led by Lightspeed and Redpoint. The jump follows an initial agreement for Anthropic to buy about $250M of its chips, which are not due until 2027.

• About $600M at $6.5B pre-money, co-led by Lightspeed Venture Partners and Redpoint Ventures.
• Valuation more than six times May's roughly $1B.
• Anthropic's initial order is about $250M, with plans to expand.
• Chips expected in 2027; the round had not closed when reported.