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Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia (Wall Street Journal) (Visit Techmeme dot com for the link and full context!)
I was really hoping Wall Street journal would be forced to use the name for this round type. That would be worthy of @NYT_first_said
The startup is also raising capital at a $10 billion valuation in a separate round led by Sequoia. https://www.wsj.com/tech/ai/ai-chip-startup-etched-is-in-talks-for-20-billion-valuation-caf1787d