Inference

Etched Raises $300M at a $10.3B Valuation to Build Frontier AI Inference Clusters

AI chip company Etched has raised $300 million at a $10.3 billion valuation, led by Sequoia Capital, to build inference clusters designed specifically for the world’s most demanding AI models. Andreessen Horowitz, Jane Street, Diffusion, Argo, and memory maker SK Hynix also joined the round, announced on 23 July 2026. The San Jose company frames […]