Fractile is a UK-based company founded in 2022, specializing in the development of advanced AI hardware designed to significantly enhance the performance and efficiency of large language models (LLMs). By integrating computation directly into memory—a technique known as in-memory computing—Fractile's innovative chips eliminate the traditional bottlenecks associated with data transfer between memory and processors. This approach enables their systems to run LLMs up to 100 times faster and at one-tenth the cost of existing solutions, thereby unlocking new capabilities and applications in AI.