British semiconductor startup Fractile has unveiled plans to boost its capabilities with a £100m expansion to its UK facilities.
Fractile emerged from stealth in 2024 with a £12m seed investment led by Kindred Capital, the NATO Innovation Fund and Oxford Science Enterprise that also included Hermann Hauser, the founder of Arm predecessor Acorn Computers.
The company launched with the goal of breaking up the dominance of US giant NVIDIA with its own advanced chip technology to power high-level AI.
It has been growing rapidly since its launch, with plans revealed today to expand its sites in London and Bristol. The expansion will include a new industrial hardware engineering facility and significant hiring planned.
The announcement has been celebrated by the UK government, which has been keen on seeing the country’s domestic chip and wider AI infrastructure capabilities grow rapidly.
AI Minister Kanishka Narayan commented on the announcement: “I am setting Britain’s AI leaders a challenge – bang the drum for startups, spread the opportunities to every corner of our country, and embrace risk.
“This is how we leverage AI to serve hard-working people, our economy, and British values.By investing in British tech innovation, just as Fractile is doing today, we can reinforce our leadership in AI and boost our influence on the global stage.”