TechCrunch·3 min read·medium
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
J
Julie Bort
✦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.
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