Inference Chip Startup Etched Raises $700M Led by Jane Street at $21B, Doubling Valuation in Weeks
Summary
Per WSJ (via Techmeme front page Aug 18), AI inference-chip startup Etched raised $700M led by new server-rack customer Jane Street at a $21B valuation—more than doubling from the $10.3B mark set by a $300M round only in late July. Etched is also scooping up Nvidia talent to accelerate its transformer-specialized ASIC roadmap.
Originally reported by wsj.com
Read the original article →Original headline: Inference Chip Startup Etched Raises $700M Led by Jane Street at $21B, Doubling Valuation in Weeks