AI startup Etched valuation doubles to $20B in one month with fresh $700M raise

Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion.  The new numbers cited in the Wall Street Journal’s August 18 report...