Devices · 2h ago
AI chip startup Etched hits $10.3B valuation with no-GPU inference tech
Etched, founded by three Harvard dropouts, has developed chips and memory components that accelerate AI inference without GPUs. The startup raised funding from top investors, reaching a $10.3 billion valuation. Its technology aims to challenge Nvidia's dominance in AI hardware.
Meridian48 take
The valuation reflects investor appetite for alternatives to Nvidia, but Etched must prove its chips can scale beyond niche inference workloads.
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AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors →
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