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deep tech TNW June 30, 2026

Nvidia rival Etched raises $800M with backing from Jane Street and a TSMC-linked fund

Nvidia rival Etched raises $800M with backing from Jane Street and a TSMC-linked fund
AI Summary

AI chip startup Etched has raised $800 million and revealed that its backers include trading firm Jane Street and VentureTech Alliance, a venture firm with a strategic partnership with TSMC. The company, which designs chips specifically for running AI models rather than training them, says it has signed one billion dollars in sales contracts and […] This story continues at The Next Web

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