Etched
It develops AI accelerator hardware aimed at challenging Nvidia in the market for infrastructure powering advanced AI workloads.
Overview
Etched is an AI infrastructure company developing accelerator hardware for artificial intelligence workloads. The company is positioned as an aspiring Nvidia rival, targeting customers that need high-performance compute for training or running AI systems. The company’s key differentiator is its focus on purpose-built AI silicon rather than general-purpose computing. Etched has raised $800 million in an undisclosed round dated June 30, 2026, with reported backing from Jane Street.
Funding History
Aspiring Nvidia Rival Gets Backing From Jane Street
Etched raised a Series A to develop and manufacture Sohu, an ASIC optimized specifically for transformer inference workloads.
Etched raised seed funding to build its transformer-focused AI inference chip company before emerging from stealth.
Frequently Asked Questions
- How much has Etched raised in total?
- Etched has raised a total of $925M across 3 funding rounds.
- Who are Etched's investors?
- Etched's investors include Undisclosed, Primary Venture Partners, Primary Venture Partners and Positive Sum.
- What does Etched do?
- Etched is an AI infrastructure company developing accelerator hardware for artificial intelligence workloads. The company is positioned as an aspiring Nvidia rival, targeting customers that need high-performance compute for training or running AI systems. The company’s key differentiator is its focus on purpose-built AI silicon rather than general-purpose computing. Etched has raised $800 million in an undisclosed round dated June 30, 2026, with reported backing from Jane Street.
- Where is Etched headquartered?
- Etched is headquartered in Cupertino, United States.
Investors
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