AI inference chip startup Etched raises $700M at $21B valuation led by Jane Street
快鲤鱼 · wechat · 2026-08-20
AI inference chip startup Etched raised $700M in a Series D round led by Jane Street, reaching a $21B valuation. Jane Street also became the first customer, taking delivery of its first server. Etched specializes in ASICs for Transformer models, hard-wiring the architecture for extreme efficiency and claiming significantly lower cluster communication latency than Nvidia Blackwell. The company has raised nearly $2B total and secured over $1B in orders.
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