Etched secures $300M at $10.3B valuation, defying AI chip skeptics

AI chip startup Etched, founded by Harvard dropouts in 2022, raised $300 million in Series C at a $10.3 billion valuation. The company doubled its valuation in seven months, with Sequoia leading the round and investors including Andreessen Horowitz and SK Hynix.

Etched Google/DeepMind

New Generation AI: Zhipu Deploys Computing Power — Calculations and Venture for 1GW Data Center

Zhipu (智谱) plans to build a 1GW data center to support its AI models. The project is seen as a strategic bet on the growing demand for AI computing.