AI Startups

    AI chip startup Etched more than doubles valuation to $10.3B in new $300M round

    Etched Inc., a startup with a chip optimized for artificial intelligence inference, today announced that it has raised $300 million in funding. The Series C round was led by Sequoia. SK Hynix Inc., the world’s largest supplier of memory for AI chips, participated as well alongsid...

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    SiliconANGLE
    AI chip startup Etched more than doubles valuation to $10.3B in new $300M round
    AI Analysis

    Generated insight by OnAirToday AI

    This funding round signifies strong investor confidence in specialized AI hardware solutions moving beyond general-purpose GPUs. Etched's success highlights the growing demand for efficient, inference-optimized chips critical for deploying AI models at scale.

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