AI chip startup Etched valued at $21 billion in latest funding round
Jane Street led the round after testing Etched’s hardware, as investors backed its full AI systems and faster inference technology.
7 Articles
7 Articles
Etched raises $700M at a $21B valuation led by Jane Street
Etched has raised $700mn at a $21bn valuation in a round led by Jane Street, doubling the $10.3bn it was worth on 23 July. It has also completed its first customer delivery, a rack shipped to Jane Street. Etched has raised $700mn at a $21bn valuation, led by Jane Street, and has shipped its first […] This story continues at The Next Web
AI chip startup Etched doubles valuation to $21 billion in under a month
Etched, the startup of AI inference chips, doubles its valuation to $20.3 billion in just a month, after closing a deal with Jane Street and attracting giants such as Sequoia and a16z. Its focus on inference, a market that could reach $1.3 billion in 2032, makes it a serious alternative to Nvidia. *** Etched raised $700 million in mid-August, raising its valuation to $20.3 billion, just a month after its $300 million C Series. The agreement with…
Etched doubles valuation to $20.3 billion on Jane Street deal
Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion. The new numbers cited in the Wall Street Journal’s August 18 report represent a fourfold expansion of the firm’s $5 billion valuation in December 2025. Etched also closed on Jane Street as its…
Jeff Dean’s New AI Startup Targets $10 Billion Valuation
Jeff Dean’s departure from Google after 27 years is already one of the most significant talent moves in the artificial intelligence industry this year. Now, the former Google chief scientist is reportedly seeking a $1 billion funding round for his new AI startup, Discovery Loop, at a valuation of approximately $10 billion. The figure has […] The post Jeff Dean’s New AI Startup Targets $10 Billion Valuation appeared first on Tekedia.
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