Etched
etched.comDeveloper of an artificial intelligence-based computing hardware designed to cut LLM inference costs radically, specialized for transformers.
Price per share
12M · USD
Funding history
$M raised · $B post-money
Signals
2 latest
Etched fields investment offers at $40B-$50B valuations, about double its $21B round of two months ago, TechCrunch reports
TechCrunch reported on 2026-10-05, citing people familiar, that AI inference-chip startup Etched is reviewing incoming bids ranging from $40 billion from top-tier investors to $50 billion from lesser-known backers, a couple of months after it raised $700 million at a $21 billion valuation led by Jane Street. The talks are early and Etched declined to comment. If a deal is struck it would roughly double the company's mark.
Source: TechCrunch
Etched’s valuation doubles to $21B in a month
Etched announced that it has raised another $700 million at a $21 billion valuation, led by Jane Street after the famed quant fund tested and bought the startup’s AI hardware.Even by AI standards, this valuation step-up is jaw-droppingly fast. Etched was valued at $5 billion in December. It raised a $300 million Series C at a $10.3 billion valuation in July. Now investors have doubled its valuation to $21 billion, up nearly $11 billion, in a month.Etched delivers its AI tech as full systems that it calls “frontier inference clusters.” (Etched competitor Nvidia calls its full systems AI factories.)
Source: TechCrunch
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