Etched Raises $120M in Funding

https://www.finsmes.com/wp-content/uploads/2024/06/etched.png

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


The round was led and participated in by Primary Venture Partners, Positive Sum Ventures and Hummingbird, Fundomo Fontinalis Lightscape Earthshot Two Sigma Oceans Venture Skybox Data Centers and angels such as Peter Thiel and Amjad Maad.

The company plans to use the money to expand its operations and to develop its development efforts.

Etched, the company behind Sohu ASIC, was founded by Gavin Uberti as CEO, Robert Wachen as COO, and Chris Zhu. One 8xSohu can serve more than 500,000 Llama70B tokens every second.

Sohu supports only transformer inference. This includes all models of today (Google, Meta Microsoft, OpenAI Anthropic etc.). It can also handle future model tweaks.


FinSMEs

25/06/2024

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