[UPDATE] AI inference-chip startup Etched fields funding offers at $40B-$50B valuation, sources say
Citing people familiar with the matter, TechCrunch reported that Etched is reviewing bids valuing it at $40B (from top-tier investors) to $50B (from lesser-known backers). That is roughly double its last round at $21B. Talks are early, terms could change, and Etched declined to comment. This is one data point on private-market pricing of custom inference silicon as an alternative to merchant GPUs. Single reporting source. Points to watch: whether a round closes, at what level, and who leads it.