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AI chips company Fractile invests £100M as UK govt pushes homegrown tech

( February 10, 2026, 00:02 GMT | Official Statement) -- MLex Summary: Fractile, a UK AI processor developer, is investing £100 million in its London headquarters and in a hardware engineering facility in Bristol, western England. The investment will be announced Tuesday by AI minister Kanishka Narayan, as part of government efforts to promote British technology and a call for further similar investment. Fractile develops processors that run AI models faster and at lower costs.Statement follows:...

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