SemiAnalysis founder Dylan Patel said on the Dwarkesh Podcast that most of the value generated by frontier AI models is captured by sophisticated users like Jane Street and Meta, not by model provider…
Etched shipped its first Sohu transformer-only ASIC rack to Jane Street and raised $700 million at a $21 billion valuation on August 18, tripling its valuation since December. The eight-chip Sohu rack…
Stanley Druckenmiller's Duquesne Family Office disclosed a $64.7 million stake in Bitdeer Technologies Group (BTDR), buying 4.1 million shares at an average price of $12.26 in Q2 2026, and also invest…
Ken Griffin said in a letter to clients Friday that Citadel has unwound more than 80% of the aggregate risk tied to its purchase of assets from AI hedge fund Situational Awareness, conducting over 100…
Hudson River Trading signed a multibillion-dollar, multiyear agreement with CoreWeave to expand computing infrastructure for its trading research and models, making HRT one of the first customers to g…
CoreWeave has signed a multibillion-dollar, multi-year agreement with Hudson River Trading to provide GPU compute capacity for trading research and model development, giving HRT early access to Nvidia…
Michael Burry, the investor known from 'The Big Short,' warned in a Substack post on Tuesday that Nvidia faces 'serious competition' from AI startup Etched, which has raised $700 million at a $21 bill…
Etched, a San Jose-based AI chip startup founded by three 24-year-old Harvard dropouts, has raised its valuation to $21 billion after a $700 million funding round led by Jane Street, and has attracted…
U.S. semiconductor startup Etched has raised $700 million at a valuation of $21 billion, more than double its previous valuation of $10.3 billion from a $300 million Series C round in July. Jane Stree…
Etched Inc., an inference chip startup, announced it raised an additional $700 million in funding, bringing its valuation to $21 billion. The round was led by Jane Street and included Kleiner Perkins,…
Etched Inc., an AI inference chip startup, raised $700 million in funding at a $21 billion valuation, more than doubling its previous valuation, in a round led by Jane Street and joined by Kleiner Per…
Etched, a San Jose AI chip startup founded by three Harvard dropouts, has seen its valuation double to $21 billion in under a month after raising $700 million in a new round led by Jane Street, which …
Etched shipped its first Sohu rack to Jane Street, which led a $700 million Series D at a $21 billion valuation, doubling the company's valuation in a month. The transformer-only chip, built on TSMC's…
Etched, a San Jose-based AI chip startup, raised $700 million in a funding round led by Jane Street, a quantitative trading firm, valuing the company at $21 billion post-money, more than double its $1…
Etched announced Tuesday it raised $700 million at a $21 billion valuation, led by Jane Street, doubling its valuation from $10.3 billion in July and up from $5 billion in December. The startup design…
Etched, an AI inference systems startup founded by Gavin Uberti, Robert Wachen, and Chris Zhu, raised $700 million at a $21 billion valuation in a round led by Jane Street, which tested Etched's hardw…
AI inference chip startup Etched's valuation has doubled to about $21 billion just one month after its $300 million Series C round led by Sequoia, which valued the firm at $10.3 billion, according to …
Leopold Aschenbrenner's hedge fund Situational Awareness lost 67% in July after its portfolio was 56% invested in SanDisk and Micron, which fell 56.5% and 39.1% respectively between June 25 and July 2…
Jane Street, the New York-based quantitative trading firm, lost approximately $15 billion in July, its largest monthly loss on record and first negative month since 2016, driven by exposure to the AI-…
AI-assisted agentic coding has reached escape velocity, but non-programming use cases lag due to a lack of version control, according to an analysis. The author argues that without version control, us…