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Artificial intelligence hardware startup Etched has raised $700 million in a new funding round led by quantitative trading firm Jane Street, boosting the company's valuation to $21 billion.
The San Francisco startup is building real-time fluid sensors for computing systems that increasingly depend on liquid rather than air to control heat.
The semiconductor startup reached a $2 billion valuation and $500 million in total funding as it develops alternatives for connecting AI data centers.
The company is assembling distributed GPU capacity into a platform that lets developers choose models, hardware and deployment locations.
The semiconductor startup is moving its co-packaged optics technology toward volume production as data centers demand faster, more efficient connections.
