AI BriefingProgress Update
Key point
AI hardware startup Etched has raised $300 million in funding to accelerate inference.
Details
AI hardware startup Etched has raised $300 million at a $10.3 billion valuation, with participation from Sequoia Capital, Andreessen Horowitz, SK Hynix, and others.
Etched's mission is to run AI Inference for the entire world. They believe that running frontier models requires an entirely new kind of computing infrastructure, with chips, packages, PCBs, cooling systems, and interconnects all designed together.
With less than 1% of the world's population currently able to use frontier AI models, Etched aims to expand AI access through technology that delivers higher tokens/watt efficiency.
Key achievements and plans include:
- Beginning construction of a multi-hundred-million-dollar inference cluster
- Building a 10-megawatt (MW) lab for deploying first-generation hardware and prototyping next-generation systems
- Scaling across the full hardware and software stack, including chip scale-up, an in-house SMT line, and RL environments for recursive kernel generation
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