Etched raises $300M at a $10.3B valuation, SK Hynix in

AI chip startup Etched closes $300m funding round, doubles its valuation to $10.3bn

Etched raised $300M Series C ($10.3B valuation) for a dual-phase inference chip optimized for low voltage and fast memory. For tech teams, this creates a viable inference alternative to Nvidia with energy and cost benefits; SK Hynix backing signals foundry diversification.