Etched designs AI chips and the server racks built around them for AI companies and cloud providers, focusing only on inference, the work of running trained models to answer requests. In 2024, it unveiled a chip hard-wired to run only transformers, the type of AI model behind ChatGPT, after betting at its founding that they would dominate AI. Etched develops its chips, racks, and software together, and each rack links many chips through a shared pool of fast memory so very large models with long inputs can answer quickly. It earns money by selling these complete systems rather than individual chips. Etched was founded in 2022 and is based in San Jose, California.
Company Size
201-500
Company Stage
Series D
Total Funding
$1.6B
Headquarters
San Jose, California
Founded
2022
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