
Etched, a California-based software company, innovates specialized hardware for faster LLM operations.
etched.comCrawled Oct 15, 2026
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Tenstorrent raises $1.5B to reach a $6.2B valuation, focusing on AI inference chips. The startup, founded over a decade ago, demonstrates its Galaxy servers can run DeepSeek models. Funds will support scaling chips for open-weight AI and video generation, competing with Nvidia’s dominance. Backers include Trace Capital, Cadence Ventures, and Fidelity.
Oct 2026 · TechCrunchNews article
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