Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia (Wall Street Journal)
Etched is reportedly raising new capital at multibillion-dollar valuations, signaling investor appetite for specialized AI inference chips.
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<a href="https://www.wsj.com/tech/ai/ai-chip-startup-etched-is-in-talks-for-20-billion-valuation-caf1787d?st=Pvmy5B&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260717/i27.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260717/p27#a260717p27" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/ai-chip-startup-etched-is-in-talks-for-20-billion-valuation-caf1787d?st=Pvmy5B&reflink=desktopwebshare_permalink">Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia</a></b></span> — Startup is also raising capital at $10 billion valuation in separate round led by Sequoia — Etched, a startup developing AI chips … </p>
Read at source: https://www.techmeme.com/260717/p27#a260717p27