TheTechno Optimist.

SohuEtched—Etched closes $300M Series C at $10.3B valuation with SK Hynix investmentSohuEtched—Etched ships first Sohu racks to Jane Street quant fundSohuEtched—Etched raises $500M Series B at $5B valuationSohuEtched—Etched raises $700M Series D at $21B valuation led by Jane StreetSohuEtched—Etched receives first A0 silicon from TSMC for Sohu transformer ASIC

Sohu

by EtchedUS

ASIC for transformer inference. Processes tokens at 500,000/sec on Llama 70B. Low-voltage design and clustered memory.

ProtoStage 2 of 5

First production racks to Jane Street. Over $1B contracts; $21B valuation (August 2026).

Updated 18 Aug 2026Checked 10 Oct0 updates this week

Milestones

No announced next step
  1. Company founded2022Complete.
  2. Series A funding ($120M)Jun 2024Complete.
  3. Series B funding ($500M) at $5B valuationDec 2025Complete.
  4. A0 silicon received from TSMC N4PJan 2026Complete.
  5. Series C funding ($300M) at $10.3B valuation23 Jul 2026Complete.
  6. First customer racks shipJul 2026Complete.
  7. Series D funding ($700M) at $21B valuation18 Aug 2026Complete.

Most important updates

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