TLDR:
- Etched, a company based in Cupertino, CA, raised $120M in funding for its transformer-specialized AI chip, Sohu.
- The funding round was led by Primary Venture Partners and Positive Sum Ventures, with participation from other firms and notable angels like Peter Thiel and Amjad Masad.
Etched, the creator of Sohu, a transformer-specialized AI chip, raised $120M in funding from investors led by Primary Venture Partners and Positive Sum Ventures. The company, founded by Gavin Uberti, Robert Wachen, and Chris Zhu, plans to use the funds to expand operations and further develop Sohu, which is capable of serving over 500,000 Llama 70B tokens per second. Sohu supports transformer inference for various models from leading tech companies and is designed to handle future model tweaks. The funding will enable Etched to continue its growth and innovation in the AI chip space.