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Data Center News > Blog > Investments > Etched Raises $120M in Funding
Investments

Etched Raises $120M in Funding

Last updated: June 26, 2024 12:03 am
Published June 26, 2024
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Etched Raises $120M in Funding
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Etched, the Cupertino, CA-based creator of Sohu, a transformer-specialized AI chip, raised $120M in funding.

The spherical was led by Main Enterprise Companions and Optimistic Sum Ventures, with participation from Hummingbird, Fundomo, Fontinalis, Lightscape, Earthshot, Two Sigma, Oceans Enterprise, Skybox Information Facilities, and angels like Peter Thiel and Amjad Masad.

The corporate intends to make use of the funds to broaden operations and its growth efforts.

Co-founded by CEO Gavin Uberti, COO Robert Wachen, and Chris Zhu, Etched is the corporate behind Sohu, a transformer ASIC. One 8xSohu server can serve over 500,000 Llama 70B tokens per second.
Sohu solely helps transformer inference, whether or not Llama and Steady Diffusion 3, all of immediately’s fashions (Google, Meta, Microsoft, OpenAI, Anthropic, and many others.) and might deal with tweaks to future fashions.

FinSMEs

25/06/2024

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See also  Smart Receives £60M Credit Facility
TAGGED: 120M, Etched, Funding, Raises
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