Etched Could Receive a $40 Billion Valuation
Trending Topics 1 week ago 31
Etched is reviewing investment offers that could value the AI chip startup at up to $40 billion after its previous $21 billion valuation. The reported range of offers includes $40 billion from top-tier investors, with discussions still early and deal terms subject to change. The fundraising could provide the cash needed for its proprietary AI hardware systems and extend its financial runway up to about 3.5 years.