{"id":1029977,"date":"2026-08-20T08:11:34","date_gmt":"2026-08-20T02:41:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1029977"},"modified":"2026-08-20T08:26:13","modified_gmt":"2026-08-20T02:56:13","slug":"ai-chip-startup-etched-doubles-valuation-to-21-billion-in-under-a-month","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/20\/ai-chip-startup-etched-doubles-valuation-to-21-billion-in-under-a-month\/","title":{"rendered":"AI chip startup Etched doubles valuation to $21 billion in under a month"},"content":{"rendered":"<p>Jane Street-backed Etched said on Tuesday \u200bits valuation more than doubled \u200bin less than a month to $21 billion, as investors \u200bbet on growing demand for specialized chips used to run artificial intelligence models. <\/p>\n<p>The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing \u200cby leading \u2060the round, \u2060joined by Kleiner Perkins, Sequoia, Andreessen Horowitz and Tiger Global, among others. <\/p>\n<p>The funding \u200bhighlights growing investor interest in the infrastructure needed to run AI models, particularly as \u200bdemand surges for inference &#8211; the process of using trained AI models to generate responses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jane Street-backed Etched said on Tuesday \u200bits valuation more than doubled \u200bin less than a month to $21 billion, as investors \u200bbet on growing demand for specialized chips used to run artificial intelligence models. The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing \u200cby leading \u2060the round, \u2060joined by Kleiner Perkins, Sequoia, Andreessen Horowitz and Tiger Global, among others. The funding \u200bhighlights growing investor interest in the infrastructure needed to run AI models, particularly as \u200bdemand surges for inference &#8211; the process of using trained AI models to generate responses.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1029977","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1029977"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029977\/revisions"}],"predecessor-version":[{"id":1029995,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029977\/revisions\/1029995"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1029977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1029977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1029977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}