#Etched
4 stories · 3 issues · daily Etched news timeline
Financing and transaction coverage
Dates are our publication dates. Announcements and talks are not closing; different reports may concern the same transaction.
- · Etched · $700 million · Series D · Company announcement
#Etched timeline · newest first
Tue, Oct 6
Inference chip company Etched fields investment offers at a $40 billion to $50 billion valuation, up from $21 billion two months ago
A doubling in two months for an inference chip maker buys the possibility of an alternative to Nvidia, one that has not yet been proven by deliveries at scale.
Sun, Aug 23
AI Inference-Cloud Company Groq Raises $350 Million, Valuation Halved to $3.5 Billion
Nvidia spent $20 billion to take the technology and the people, leaving a shell that has pivoted to renting GPUs. For challengers, the optimal path is shifting from mass production and listing to being licensed and absorbed by a giant.
AI Chip Startup Etched Closes $700M Series D, Valuation Doubles to $21B
A chip company's most expensive valuation jump came from a customer plugging the machine in, not from another round of benchmark scores. Pricing power in inference hardware is shifting from performance claims to machines actually installed.
Wed, Aug 19
AI inference chip maker Etched raises $700M, valuation doubles from $10.3B to $21B in one month
The customer turning into the lead investor is a harder signal than the $21 billion figure itself.