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Deep & Emerging Tech·November 11, 2026·1 min read

With $720M round, Britain’s Fractile gets a leg up in the race for AI chips

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Fractile pulling in $720M to build purpose-built AI chips shows investors are still betting heavily on alternatives to the incumbent GPU stack. If you’re planning multi-year AI infra, start modeling what your software and hiring look like in a more heterogeneous accelerator world.

Deep & Emerging Tech

OKX and ICE's joint venture OKXICE plans to launch a US tokenized stock venue on November 23 and list 70+ assets; 56 of the 62 companies it targeted objected

Tokenized equities are running straight into issuer resistance—56 of 62 targeted companies objected—which means the near-term action will be in regulatory arbitrage and niche assets, not blue-chip stocks. If you’re a broker or exchange operator, treat tokenization as an infrastructure experiment for now, not a core revenue line.