StartupsTechCrunchabout 1 hour ago
Etched Receives $40B to $50B Funding Offers
2 min read
AI chip startup Etched is reviewing investment offers ranging from $40 billion to $50 billion, double its previous $21 billion valuation. Sources say top-tier investors and lesser-known backers are bidding. The company secured $700 million in September and has $1 billion in customer orders. Etched aims to build full AI hardware systems powered by proprietary chips to challenge Nvidia.
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