AI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a firm linked to TSMC. The startup, aiming to rival Nvidia, is set to begin shipping its AI chips this summer. Etched has already inked $1 billion in sales contracts and boasts an impressive roster of investors, including AI pioneer Geoffrey Hinton.

AI chip startup Etched has raised $800M backed by Jane Street and TSMC-linked VentureTech Alliance, with one billion dollars in signed sales contracts.

Etched has raised $800M and locked in $1B in sales contracts for its Sohu transformer chip, which it claims can outperform 160 Nvidia H100 GPUs.

Inference chip startup Etched launches with $800M in funding - SiliconANGLE