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Builds custom silicon chips for AI transformer inference, delivering faster performance than GPUs for large language model workloads.
Etched develops dedicated artificial intelligence hardware, specifically designing specialized chips optimized for the efficient execution of transformer models. The company's core product is an Application-Specific Integrated Circuit (ASIC) engineered to significantly accelerate AI computation, aiming to provide substantial speed improvements over general-purpose graphics processing units for demanding workloads. Etched focuses on building foundational infrastructure that addresses the unique computational requirements of advanced AI.
The company was founded in 2022 by Gavin Uberti, Chris Zhu, and Robert Wachen, who identified a critical need for purpose-built hardware to support the burgeoning field of AI, particularly large language models. The founders, who are Harvard University drop-outs, initiated Etched with the insight that specialized silicon, rather than repurposed general computing platforms, would be essential to unlock the next generation of AI capabilities.
Etched targets organizations and researchers that are pushing the boundaries of AI development, particularly those heavily reliant on transformer architectures. The company's vision is to redefine the limits of computational power available for artificial intelligence, thereby enabling the creation of future intelligent systems. Etched aims to equip its customers with the necessary hardware to achieve unprecedented performance in AI processing.
Etched has raised $500.0M across 1 funding round.
Etched has raised $500.0M in total across 1 funding round.
Etched has raised $500.0M in total across 1 funding round.
Etched's investors include Stripes, Peter Thiel, Positive Sum, Ribbit Capital.
Etched develops dedicated artificial intelligence hardware, specifically designing specialized chips optimized for the efficient execution of transformer models. The company's core product is an Application-Specific Integrated Circuit (ASIC) engineered to significantly accelerate AI computation, aiming to provide substantial speed improvements over general-purpose graphics processing units for demanding workloads. Etched focuses on building foundational infrastructure that addresses the unique computational requirements of advanced AI.
The company was founded in 2022 by Gavin Uberti, Chris Zhu, and Robert Wachen, who identified a critical need for purpose-built hardware to support the burgeoning field of AI, particularly large language models. The founders, who are Harvard University drop-outs, initiated Etched with the insight that specialized silicon, rather than repurposed general computing platforms, would be essential to unlock the next generation of AI capabilities.
Etched targets organizations and researchers that are pushing the boundaries of AI development, particularly those heavily reliant on transformer architectures. The company's vision is to redefine the limits of computational power available for artificial intelligence, thereby enabling the creation of future intelligent systems. Etched aims to equip its customers with the necessary hardware to achieve unprecedented performance in AI processing.
Etched has raised $500.0M across 1 funding round. Most recently, it raised $500.0M Etched.ai - Other Equity in January 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 14, 2026 | $500.0M Etched.ai - Other Equity | Stripes | Peter Thiel, Positive Sum, Ribbit Capital |