AI chip startup Etched completes tape-out and secures $800 million in funding.

Etched, a startup developing AI chips specifically for Transformers, has completed the tape-out of its A0 chip and secured $800 million in funding and $1 billion in customer orders. Founded by a Harvard dropout, the company has received investment from AI giants such as Kapacsi, Fei-Fei Li, and Hinton. Etched launched its first rack-mount product, employing Low Voltage Inference (LVI) and Cluster Scale Memory (CSM) technologies, optimized for trillion-parameter MoE model inference, and plans to ship this summer.