News
AI chip company Etched raised $700 million, raising its valuation to $21 billion.
Etched announced the completion of a $700 million funding round led by Jane Street, valuing the company at $21 billion. Jane Street participated in the lead round after testing Etched's hardware, and Etched has already delivered its first rack to the company.
AI chip company Etched announced the completion of a $700 million funding round, bringing its post-money valuation to $21 billion.
This round was led by Jane Street. Etched stated that Jane Street participated in the investment after testing its hardware, and the company has already delivered its first rack. Performance and commercial progress are currently primarily available through company disclosures.
refer to:Etched Official Announcement