Etched Ships First Rack to Jane Street, Secures New Funding

Etched, building frontier inference clusters, led by Gavin Uberti, Robert Wachen, and Chris Zhu, has shipped its first rack to Jane Street. The company has raised $700M at a $21B valuation, led by Jane Street, joined by Kleiner Perkins, Sequoia Capital, Andreessen Horowitz, Peter Thiel, Tiger Global, Bain Capital Ventures, Neo, Stripes, Primary, Positive Sum, Diffusion, Argo, and Blackstone. 

Less than 1% of the world has access to frontier AI models, creating a need for new inference infrastructure to scale access to advanced intelligence. As the industry moves toward gigawatt-scale deployment, new challenges will emerge across manufacturing, global supply chains, fleet software, and self-improving AI systems. The racks won’t build themselves.

𝐑𝐞𝐦𝐨𝐭𝐞 𝐇𝐢𝐫𝐞 𝐖𝐢𝐭𝐡 𝐔𝐬: 𝐌𝐞𝐧𝐥𝐨 𝐓𝐚𝐥𝐞𝐧𝐭 helps technology companies hire exceptional remote talent from India. Build your team with carefully curated engineers, product leaders, designers, GTM professionals, and more. Learn More At: https://www.menlotimes.com/menlo-talent