Etched.ai

The company co-designs chips, racks, and software to improve throughput and interactivity.

The company co-designs chips, racks, and software focused on throughput and interactivity.

Etched's terms govern access to etched.com and its related online and digital evaluation services.

Etched's terms describe the conditions for accessing and using its websites and related online and digital evaluation services.

Etched is reviewing early investment offers valuing the AI chip startup at $40 billion to $50 billion, just months after raising $700 million at a $21 billion valuation. The company is developing full AI hardware systems powered by proprietary chips and says it has secured $1 billion in customer orders, including from Jane Street. Potential fundraising terms remain subject to change.

Oct 2026 · TechCrunchNews article

Etched raises another $700 million at a $21 billion valuation in a round led by Jane Street, which tested and bought its AI hardware. The startup sells full systems called “frontier inference clusters” and says its new prefill chips, cluster-scale memory, and interconnects speed up inference while reducing costs. Etched says its systems can run any frontier model, and Jane Street says it has installed a rack in its data center after early testing.

Aug 2026 · TechCrunchNews article

Etched raises $300 million in Series C funding at a $10.3 billion valuation to scale production of its Sohu inference chips. Sequoia Capital leads the round.

Jul 2026 · CitybizNews article

Etched raises $300 million in a Sequoia-led Series C at a $10.3 billion valuation, co-founder and COO Robert Wachen says. Its systems are designed for AI inference, pairing a low-voltage prefill chip with cluster-scale shared memory for decode, and can run transformer, Mixture of Experts, and Mamba models. The startup says client testing is underway and it has booked $1 billion in orders; it also operates a 2-megawatt data center and opened a 10-megawatt facility.

Jul 2026 · TechCrunchNews article