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According to Bloomberg, AI chip startup Fractile plans to raise $600 million at a valuation of $6.5 billion, an increase from $1 billion three months ago. This round of funding is led by Lightspeed Venture Partners, Redpoint Ventures, Thrive Capital, and Founders Fund. Fractile has reached a $250 million chip supply agreement with Anthropic, and the related chips are expected to be put into use in 2027.