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Etched

Hardware · US · etched.com

Develops Sohu, a custom AI accelerator designed exclusively for transformer models, manufactured with TSMC.

Founders

Gavin Uberti (United States · ♂) — A Harvard dropout who worked on deep-learning compilers at OctoML and Xnor.ai, he co-founded Etched to build a chip specialized solely for transformer models.
Chris Zhu (United States · ♂) — A Harvard math and high-performance-computing researcher who dropped out, he co-founded Etched as CTO to bet the whole chip on the transformer architecture.
Robert Wachen (United States · ♂) — A Harvard dropout who had co-founded the startup accelerator Prod, he co-founded Etched to run operations behind its transformer-only AI chip.

Date	Round	Amount
Jul 2026	Series C AI inference chip company Etched raised 300 million dollars in a Series C round led by Sequoia Capital. The financing set a 10 billion dollar pre-money valuation.	$300M
Jan 2026	Funding round Etched, founded by Harvard dropouts, raised nearly $500 million led by Stripes at a $5 billion valuation to challenge Nvidia with transformer-dedicated chips.	$500M
Jun 2024	Funding round AI-chip startup Etched raised $120M to develop Sohu, a transformer-specialised AI chip to rival Nvidia.	$120M

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