AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors 

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model — no GPUs required, it says.

Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections

Selby’s VC firm, Copper Sky Capital, is currently raising a $300 million second fund, according to a regulatory filing.

Nvidia challenger AI chip startup MatX raised $500M

The startup was founded by former Google TPU engineers in 2023.