AI Chip Startup Etched Raises $700M at $21B Valuation

_rockt · x · 2026-08-19

Etched, an AI chip startup, raised $700M at a $21B valuation from investors including Jane Street, Kleiner Perkins, Sequoia, A16Z, and Peter Thiel, making it the world's most valuable private chip startup. The company also announced it has shipped its first rack to Jane Street.

Related event: Etched raises $700M at $21B valuation, Jane Street leads and becomes first customer(9 posts)→

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