Etched Raises $120M in Funding

etched

Etched, the Cupertino, CA-based creator of Sohu, a transformer-specialized AI chip, raised $120M in funding.

The round was led by Primary Venture Partners and Positive Sum Ventures, with participation from Hummingbird, Fundomo, Fontinalis, Lightscape, Earthshot, Two Sigma, Oceans Venture, Skybox Data Centers, and angels like Peter Thiel and Amjad Masad.

The company intends to use the funds to expand operations and its development efforts.

Co-founded by CEO Gavin Uberti, COO Robert Wachen, and Chris Zhu, Etched is the company behind Sohu, a transformer ASIC. One 8xSohu server can serve over 500,000 Llama 70B tokens per second.
Sohu only supports transformer inference, whether Llama and Stable Diffusion 3, all of today’s models (Google, Meta, Microsoft, OpenAI, Anthropic, etc.) and can handle tweaks to future models.

FinSMEs

25/06/2024