AI Chip Startup Etched Eyes $20 Billion Valuation

Artificial intelligence chip startup Etched is reportedly preparing to quadruple its valuation to around $20 billion. As The Wall Street Journal (WSJ) reported Friday (July 17), sources familiar with the matter say the company is capitalizing on a soaring market for venture capital investments in AI startups, and is also raising capital at a $10 billion valuation in a separate round led by Sequoia Capital . WSJ noted that these types of back-to-back funding have become more common in Silicon Val