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AI News from ET - AI chip startup Etched raises $300 million at $10.3 billion valuation

Vishwadeep Khatri
in AI News & Two Lenses

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Etched secured three hundred million dollars in a Series C funding round. This investment values the artificial intelligence chip company at ten point three billion dollars. Sequoia led the funding round with several other prominent investors participating. The company plans to use these funds to expand production and customer deployments. Demand for Etched's AI inference systems continues to grow significantly.

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