
Etched News
Latest news, updates, and announcements from Etched.

Etched on Tuesday announced a $700 million raise at a $21 billion valuation, led by Jane Street afte...
Etched on Tuesday announced a $700 million raise at a $21 billion valuation, led by Jane Street after the quant firm tested and bought the startup's AI hardware. This comes just a month after a $300 m...
Sequoia Capital doubles down on AI startups, backing Etched's specialized AI chips.
Venture capital giant Sequoia Capital is intensifying its focus on artificial intelligence under new leadership, with a portfolio that now includes Etched, an AI chip startup founded by Harvard dropou...

Etched Raises $300M Series C at $10.3B Valuation, Led by Sequoia Capital
Etched, an AI chip startup founded by Harvard dropouts Gavin Uberti, Chris Zhu, and Robert Wachen, announced a $300 million Series C round led by Sequoia Capital, with participation from a16z, SK Hyni...
Etched, an AI inference chip startup, raised a $300 million Series C led by Sequoia, with participat...
Etched, an AI inference chip startup, raised a $300 million Series C led by Sequoia, with participation from a16z and SK Hynix, at a $10.3 billion valuation. The round underscores growing demand for s...

Etched's Funding Rounds Signal Shift in AI Investment Toward Custom Silicon
Etched, a startup developing a custom ASIC for transformer-based AI inference, has closed multiple funding rounds that highlight a growing appetite among investors for specialized silicon alternatives...
Ethed, an AI inference chip startup, is raising capital at a valuation of approximately $20 billion,...
Ethed, an AI inference chip startup, is raising capital at a valuation of approximately $20 billion, according to sources. The company designs specialized hardware optimized for running AI model infer...
AI chip startup Etched has announced a cumulative $800 million in funding, reaching a $5 billion val...
AI chip startup Etched has announced a cumulative $800 million in funding, reaching a $5 billion valuation, and simultaneously secured a $1 billion chip order for its Sohu ASIC. The company, founded i...
Etched challenges Nvidia with transformer-only ASIC chip, reaches $1T valuation
Harvard dropouts Gavin Uberti and Robert Wachen founded Etched, a startup building an ASIC chip called Sohu that exclusively runs transformer models—the architecture behind ChatGPT, Gemini, and most g...
Etched Raises $800M with Backing from Jane Street and TSMC-Linked VC for Inference Chip Play
AI chip startup Etched has raised $800 million, revealing investors including Jane Street—which invested over $100 million total—and VentureTech Alliance, a firm with strategic ties to Taiwan Semicond...

Etched hits $5B valuation, $1B in sales for AI inference chip
Etched, an AI chip startup founded in 2022, announced that TSMC has successfully manufactured its chip and that it has already booked $1 billion in contract orders for its full-stack inference systems...

Etched.ai has raised 500 million dollars at a 5 billion dollar valuation to challenge Nvidia dominan...
Etched.ai has raised 500 million dollars at a 5 billion dollar valuation to challenge Nvidia dominance with its Sohu transformer ASIC. Their specialized chip reportedly delivers 20 times the inference...

AI chip startup Etched has raised 500 million USD in a funding round led by Stripes, reaching a valu...
AI chip startup Etched has raised 500 million USD in a funding round led by Stripes, reaching a valuation of 5 billion USD. The investment accelerates the deployment of Sohu, a specialized ASIC hard-w...