AI Chips
OLIX Secures $312M at a $3.3B Valuation
AI data centers produce tokens through hundreds of computing operations, yet most systems still ask the same general-purpose processor to handle every stage. London-based OLIX has raised a $312 million Series B at a $3.3 billion valuation, two years after the company was founded. The financing included Fundomo, Arm and Hudson River Trading, alongside angel […]
H. SurejaAugust 3, 2026
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 […]
H. SurejaJuly 24, 2026