AI startup Etched raised $120 million in series-A funding to develop a specialized chip for AI models used by OpenAI’s ChatGPT and Google’s Gemini. Backed by investors including Peter Thiel, the chip will optimize AI content generation. CEO Gavin Uberti noted the company's dependency on transformer models. Etched partners with TSMC for chip fabrication.
AI startup Etched raised $120 million in series-A funding to develop a specialized chip for AI models used by OpenAI’s ChatGPT and Google’s Gemini. Backed by investors including Peter Thiel, the chip will optimize AI content generation. CEO Gavin Uberti noted the company's dependency on transformer models. Etched partners with TSMC for chip fabrication.