July 23, 2026 News

2026-07-23 15:00 [Industry Trend] [SRC↗]

Etched Raises $300M Series C at $10.3B Valuation for Transformer-Optimized AI Inference Chips

AI chip startup Etched closed a $300 million Series C led by Sequoia at a $10.3 billion valuation, doubling its valuation in roughly seven months. The company has manufactured its custom inference chips via TSMC, booked...

[AI Chips] [Venture Capital] [Compute Scaling] [Etched] [inference hardware]

Risk: [+0.01% ↑] [0 days]

AGI: [+0.01% ↑] [0 days]

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2026-07-23 11:00 [Industry Trend] [SRC↗]

Experts Doubt Distillation Claims Behind China's Kimi K3 as US Officials Allege IP Theft and Chip Smuggling

White House science advisor Michael Kratsios accused Chinese company Moonshot of building its open-weight LLM Kimi K3 by distilling Anthropic's Fable model and using export-banned Nvidia GB300 chips. AI researchers are s...

[Export Controls] [model distillation] [US-China AI competition] [open-weight models] [Moonshot Kimi K3]

Risk: [+0.02% ↑] [0 days]

AGI: [+0.01% ↑] [0 days]

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