Private AI chip startup valued at $10.3 billion
- Neil Movva - Making AI 10x Cheaper - [Invest Like the Best, EP.488]
- Stripe's $7B+ AI plumbing play
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- Moderna's Personalized Cancer Vaccine Passes Muster
- Axios Pro Rata_ Walter's ripples
- Anthropic Overtakes OpenAI in Quarterly Sales
- Gavin Baker - AI Market Jitters - [Invest Like the Best, EP.485]
- Silicon slump puts IPOs on ice
- EU Regulators Fine Google $1B
- AI's true cost
“Etched raised $700M at a $21B valuation for AI inference chips, with innovations like "Low Voltage Inference (LVI) and Cluster Scale Memory (CSM), [that] promise superior performance... faster, cheaper, and more energy-efficient AI processing."”
“Jane Street — one of the world's most sophisticated quantitative trading firms — is not just an early customer of Etched but the lead investor in its $700M round.”
“"Directly challenges Nvidia... Low Voltage Inference (LVI) and Cluster Scale Memory (CSM) promise superior performance."”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.