AI chip startup Etched says it has raised $800M from investors including Jane Street and a venture firm linked to TSMC, and has signed sales contracts worth $1B (Dina Bass/Bloomberg)

Etched, a startup developing AI chips, has secured $800 million in financing from investors that include Jane Street and a fund linked to TSMC. The company has also signed sales contracts totaling $1 billion and is now valued at $5 billion.

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