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TechCrunch·3 min read·medium

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

J
Julie Bort
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
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AI chip startup Etched has raised $300 million in a Series C funding round, reaching a $10.3 billion valuation. The company specializes in hardware designed specifically for transformer-based AI models and other architectures like Mamba.

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Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation, co-founder and COO Robert Wachen tells TechCrunch.

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