10:49
2026-07-25
startupfortune.com
ai-chips
Etched raises $300M at a $10.3B valuation on a bet that transformer-only chips will displace Nvidia at the inference layer
Etched, a chip startup founded by three Harvard dropouts, closed a $300 million Series C at a $10.3 billion valuation on July 23, led by Sequoia, to produce its Sohu ASIC that hardwires transformer mo…