Etched Raises $700M at $21B Valuation, Ships First Rack to Jane Street
a16z · x · 2026-08-18
AI inference chip startup Etched has raised $700 million at a $21 billion valuation from investors including Jane Street, Kleiner Perkins, Sequoia, A16Z, Peter Thiel, BCV, and Blackstone. The company also announced it has shipped its first rack to Jane Street.
More from Venture
- Oracle down 12% in a week, nearly 50% off June high as OpenAI exposure spooks market — alvelda · 2026-10-16
- Anthropic IPO valuation expectations drop to ~$1.5T as Q3 revenue growth slows to 45% QoQ — scaling01 · 2026-10-16
- VC Brad Gerstner hypes AI on CNBC while his AI exposure sits at 3-year low — SumitGup · 2026-10-16
- Anthropic pre-IPO futures imply $1.9T+ while investors eye $1.5T entry — firstadopter · 2026-10-16
- Investors temper Anthropic IPO valuation expectations over revenue growth slowdown — Ok_Display_3159 · 2026-10-16
- Don't Let the Agent Grade Its Own Homework: What a Backtest Tool Should Return — QuanTradin · 2026-10-16