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AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

TechCrunch • Thu, 23 Jul 2026

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.

What happened?

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.

Story details

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.

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Original source

https://techcrunch.com/2026/07/23/ai-chip-startup-etched-defies-skeptics-hits-10-3b-valuation-from-big-name-investors/