Etched Seeks $20B Valuation for Its Nvidia-Challenging Inference Chips

AI inference chip startup Etched is in talks for a financing round at a $20 billion post-money valuation, led by Jane Street Capital and Sequoia — a sign investors are hunting for the next hardware bet even as the AI trade wobbles.

Etched, the startup building specialized AI inference chips, is discussing financing at a post-money valuation of $20 billion, with the round led by Jane Street Capital and Sequoia, according to @AlphaWireNewsAi. The valuation places Etched firmly among the most valuable AI hardware startups betting they can carve share away from Nvidia's inference dominance.

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