TechCrunch·3 min read·medium

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

J
Julie Bort
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
AI Summary

AI chip startup Etched has raised $300 million in a Series C funding round, reaching a $10.3 billion valuation. The company specializes in hardware designed specifically for transformer-based AI models and other architectures like Mamba.

Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation, co-founder and COO Robert Wachen tells TechCrunch.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
technologybusinessstartups

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors — Headlinne — headlinne