AI Chip Startup Fractile in Talks for $6.5B Valuation Funding

AI-hardware capital formation is running on its own track, and this round shows how quickly private valuations can scale before a product is widely proven. That matters for crypto/RWA readers mainly as a relative-attention signal: the same institutional money chasing compute exposure is not necessarily flowing into tokenized real-world assets, and the two narratives are being funded on different logic. Whether that gap narrows, or whether AI-chip enthusiasm keeps pulling capital away from RWA infrastructure, is the open question worth watching.