21/08/2026
$700M. $21B valuation. And a bet on the future of AI inference. 🤖
AI chip startup Etched has raised $700 million, more than doubling its valuation from $10.3B to $21B in just weeks.
The bigger story? Investors are increasingly betting on the infrastructure behind AI — not just the models themselves.
Is specialized AI hardware the next big battleground? 👀