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Etched has a simple pitch. Nvidia builds chips that do everything. Etched builds chips that do one thing, inference, and claims to do it far better. On Thursday the bet got a lot more money behind it. The startup raised $300 million in a Series C round that values it at $10.3 billion. Sequoia led […]
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<p>Etched has raised $700 million at a $21 billion valuation in a round led by Jane Street, the AI chip startup announced on August 18, 2026. The quant trading firm took the lead after testing a [...]