Former Intel CEO Kissinger invests in UK AI chip startup Fractile.ai
Jan 24,2025

Pat Gelsinger, who recently resigned as CEO of Intel, stated that he has invested in the UK based memory computing startup Fractile.ai as a seed investor, demonstrating his continued interest in the AI chip market.
In July 2024, Fractile announced that it had raised $15 million to support the development of its in memory AI computing, which the company claims can run the latest AI models at a speed at least 100 times faster and at a cost as low as one tenth.
This round of financing is jointly led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises, with major angel investors including ASM's Herman Hauser, former Icera and Five.ai's Stan Boland, and Wayve's Amar Shah. Stan Boland became a director of Fractile in June 2024.
Kissinger stated that the reasoning of the latest AI models is limited by hardware bottlenecks, and the next generation of reasoning models will make the problem more complex. To meet our expectations for artificial intelligence, we need faster, cheaper, and lower power inference, "he said.
He added that Fractile's memory computing inference acceleration method overcomes the memory bottleneck that hinders the development of GPUs while reducing power consumption.
I look forward to providing advice to the Fractile team to help them tackle this major challenge. Cheer on Walter Goodwin and the team, "Kissinger concluded.
Walter Goodwin is the CEO and founder of Fractile; He graduated from Oxford University with a degree in Engineering and obtained a PhD in Applied Intelligence and Robotics Research in 2022. Fractile was founded in May 2022, originally named Neu Edge, and renamed Fractile in August 2023.
Why did Kissinger want to become a seed investor in Fractile.ai? It stems from Fractile.ai's expertise, and Intel has been striving to develop products in an attempt to compete with Nvidia. The founding team and senior executives of Fractile.ai are all senior employees of Nvidia and Arm, and their AI chip development has surpassed Intel's.
It remains to be seen whether 63 year old Kissinger, who has held senior management positions and CEO positions in the technology industry for many years, can effectively start his career as a venture capitalist through this statement.
In July 2024, Fractile announced that it had raised $15 million to support the development of its in memory AI computing, which the company claims can run the latest AI models at a speed at least 100 times faster and at a cost as low as one tenth.
This round of financing is jointly led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises, with major angel investors including ASM's Herman Hauser, former Icera and Five.ai's Stan Boland, and Wayve's Amar Shah. Stan Boland became a director of Fractile in June 2024.
Kissinger stated that the reasoning of the latest AI models is limited by hardware bottlenecks, and the next generation of reasoning models will make the problem more complex. To meet our expectations for artificial intelligence, we need faster, cheaper, and lower power inference, "he said.
He added that Fractile's memory computing inference acceleration method overcomes the memory bottleneck that hinders the development of GPUs while reducing power consumption.
I look forward to providing advice to the Fractile team to help them tackle this major challenge. Cheer on Walter Goodwin and the team, "Kissinger concluded.
Walter Goodwin is the CEO and founder of Fractile; He graduated from Oxford University with a degree in Engineering and obtained a PhD in Applied Intelligence and Robotics Research in 2022. Fractile was founded in May 2022, originally named Neu Edge, and renamed Fractile in August 2023.
Why did Kissinger want to become a seed investor in Fractile.ai? It stems from Fractile.ai's expertise, and Intel has been striving to develop products in an attempt to compete with Nvidia. The founding team and senior executives of Fractile.ai are all senior employees of Nvidia and Arm, and their AI chip development has surpassed Intel's.
It remains to be seen whether 63 year old Kissinger, who has held senior management positions and CEO positions in the technology industry for many years, can effectively start his career as a venture capitalist through this statement.