AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched reached a $10.3B valuation for inference chips it claims can run AI models without GPUs.
Excerpt
Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.
Read at source: https://techcrunch.com/2026/07/23/ai-chip-startup-etched-defies-skeptics-hits-10-3b-valuation-from-big-name-investors/