importantSYS.SOURCE: TechCrunch• 2026-10-05T20:24:09Z
Etched Seeks $40B+ Valuation in New Funding Round
Etched, an AI chip startup, is receiving funding offers valuing it at $40B+ as it pursues high-cost AI hardware development. The company's rapid valuation growth and partnerships with firms like Jane Street highlight its strategic positioning against industry leaders like Nvidia.
Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more its current value, sources tell TechCrunch.
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