Fractile and Anthropic ink preliminary supply agreement amid high valuation hopes

A AI chip startup, Fractile, has reached a preliminary agreement with Anthropic for a supply contract valued at approximately $250 million, according to a report by Bloomberg. The deal, which is expected to begin deliveries in 2027, involves Fractile’s AI ASIC inference accelerators. The company’s chips utilize an innovative 'analog memory computing' architecture, enabling 25 times faster performance and 10 times lower costs when running leading models. Fractile previously raised $220 million in May 2026, valuing the company at around $1 billion. The firm aims to secure additional funding at a valuation of $6.5 billion, with some of the new investment based on potential valuations below this target. The company’s technology is positioned as a competitive alternative to existing AI hardware solutions, offering significant efficiency gains over traditional approaches. The supply agreement with Anthropic highlights Fractile’s growing influence in the AI chip market, as it seeks to scale its operations and meet increasing demand from major AI firms. The deal underscores the company’s strategic focus on delivering high-performance, cost-effective solutions for large-scale AI deployment.