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Etched Scores $300 Million Funding

TL;DR AI

Key summary

2 min read
  1. Etched raised $300 million in a funding round led by Sequoia Capital, valuing the San Jose startup at $10.3 billion.

  2. The company builds inference clusters and related hardware components for AI infrastructure.

  3. Investors including Andreessen Horowitz, Jane Street, Diffusion, Argo, and SK Hynix also joined the round.

  4. The deal underscores strong investor demand for AI inference hardware and gives Etched capital to scale its stack.

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