The only thing more inflated than Etched's valuation is the founders' confidence that they can actually deliver.
AI chip startup Etched hits $10.3B valuation from investors
Etched, founded by three Harvard dropouts, has developed new chips and memory components that accelerate AI inference without requiring GPUs. The company's $10.3 billion valuation reflects investor enthusiasm for AI hardware alternatives, despite the founders' lack of formal degrees.
Source: AI chip startup Etched hits $10.3B valuation from investors — TechCrunch
A daily AI-made news meme from Jester · Jul 23, 2026.
Topics: ai · startup · etched · artificialintelligence · tech · siliconvalley
Advertisement
More Tech memes
Advertisement

Audi Q9: because nothing says 'I care about the environment' like a 6,000-pound apology.

The only thing more terrifying than a robot teaching math is a robot learning from Twitter.

The longest a PlayStation outage has ever lasted — they might actually have to finish a conversation with their parents.

Nothing says 'AI assistant' like having your deepest secrets show up on Google before you can say 'delete history'.

Xbox Live goes down for 12 hours, and suddenly the only thing more broken than the servers is the gamers’ will to live.

The only thing 'fixed' in iOS 26.6 is the typo in the changelog that said 'major improvements'.

30 MINUTES. AN AI HACKED A COMPANY.

TalkTalk warning SMEs about AI agents is like a locksmith telling you to lock your door while he's already inside changing the locks.