
AI Summary
Etched, an AI chip startup, is preparing to raise funding that would value the company at approximately $20 billion, quadrupling its previous valuation. The funding round reflects strong investor appetite for AI semiconductor companies amid surging demand for AI infrastructure.
From the source
Artificial intelligence chip startup Etched is reportedly preparing to quadruple its valuation to around $20 billion. As The Wall Street Journal (WSJ) reported Friday (July 17), sources familiar with the matter say the company is capitalizing on a soaring mar…
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