Cupertino-based startup Etched AI closed a $85 million unannounced investment round, reaching a $1.5 billion valuation.
Etched AI develops a specialized chip, Sohu, designed to run AI models. The company declares Sohu is the fastest AI chip of all time and outperforms Nvidia's flagship B200 GPU by 10x. Etched AI says its chip aims to run "tomorrow's trillion-parameter models," predicting that major AI products such as ChatGPT, Claude, and Gemini will run on custom chips instead of usual GPUs within a few years.
Etched is backed by investors, including former CEO Peter Thiel, Replit CEO Amjad Masad, Primary Venture Partners, DVC fund, etc.
❤️ Our team has also invested in Etched through DVC.
Read More