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#Etched

2 stories taggedEtched.

A sleek modern corporate office interior at dusk, glass walls reflecting city lights, an empty executive chair at a large curved desk with a glowing monitor sho
AI Business

An AI chip startup just tripled its valuation in six months. Here's who's paying and why.

Etched has raised $700 million at a $21 billion valuation, led by a Wall Street trading giant that actually tested the hardware first. The numbers are striking. The speed of the rise is even more so.

3 min read
Photoreal news-editorial 16:9 image of a gleaming Apple iPhone resting on a polished surface beside a subtle arrangement of red lanterns softly out of focus in
AI Business

Three Harvard Dropouts Just Raised $300 Million to Build the AI Chip That Rivals Keep Calling Impossible

Etched hit a $10.3 billion valuation in seven months by betting that specialised AI chips could beat general-purpose ones on speed and cost. Here is what that means for anyone who pays to run AI.

4 min read
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