
Etched Draws Funding Offers at a $40B+ Valuation as AI Chip Race Heats Up
AI chip startup Etched is reportedly reviewing funding offers at valuations of $40-$50 billion, just weeks after raising $700 million at a $21 billion valuation.
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AI chip startup Etched is reportedly reviewing funding offers at valuations of $40-$50 billion, just weeks after raising $700 million at a $21 billion valuation.

AI voice startup ElevenLabs has reached a $22 billion valuation after a $300 million employee equity sale backed by major investors.

AI startup Instinct has launched personalised product recommendations, but some users are criticising the feature for suggesting items they did not request.

Former Google executives Bonita Stewart and Jackson Georges have launched an $11.3 million fund to invest in enterprise AI startups.

OpenAI is reportedly seeking $30 billion in new funding at a $1.4 trillion valuation as investors prepare for its expected IPO.

ElevenLabs launched v4 and v4 Turbo with 90+ languages, faster voice cloning, greater expression control and lower latency for conversational AI agents.

Anthropic’s founders are seeking 50.1% voting control through special shares ahead of its IPO, while keeping the company’s existing benefit trust structure.

Lightspeed targets $250M for an India AI fund focused on early-stage startups across India and Southeast Asia, with investing expected to begin within two months.

Bessemer Venture Partners raises $5.75 billion across two funds to invest in AI startups, infrastructure, models, and agent technologies.

Ema raises $77 million as its AI agents platform targets enterprise software and IT service workflows across business operations.

Snorkel AI raises $350 million in Series E funding at a $3.5 billion valuation as demand grows for AI training datasets.

Meta confirms its Muse AI assistant was heavily inspired by OpenClaw while saying the product was built from scratch.