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Etched’s valuation doubles to $21B in a month

Jane Street has installed Etched's first shipped AI cluster system, and was so impressed, it led another massive round, the startup says.

AIFundraisingStartupsetched
TechCrunch Aug 18, 2026, 17:21 UTC
EN

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required,…

TCStartupsHardwareAIAI chipsetched
TechCrunch Jul 23, 2026, 15:00 UTC
EN

Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections

Selby's VC firm, Copper Sky Capital, is currently raising a $300 million second fund, according to a regulatory filing.

HardwareVenturearizonaTSMCThiel Capitaletched
TechCrunch Jul 2, 2026, 21:57 UTC
EN

Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip

Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.

AIStartupsTCAI chipsetched
TechCrunch Jun 30, 2026, 18:13 UTC

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