Megadose AI progress, ranked and analyzed.

AI inference chip startup Etched raised a $300M Series C led by Sequoia, with a16z, SK Hynix, others participating, at a $10.3B valuation, up from $5B in Dec. (Julie Bort/TechCrunch)

Techmeme ·
Etched is now being priced like a major AI chip bet before its inference hardware has become a market standard.

Techmeme’s note says the Series C was led by Sequoia, with Andreessen Horowitz, SK Hynix, and others joining. The round was $300 million and valued Etched at $10.3 billion. That is up from a $5 billion valuation in December. Techmeme's note

score 8

Categories: Money & Moves