Etched, which is building Sohu, an inferencing chip that only runs transformer AI models, raised a $120M Series A, bringing its total funding to $125.36M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Etched, which is building Sohu, an inferencing chip that only runs transformer AI models, raised a $120M Series A, bringing its total funding to $125.36M  —  As generative AI touches a growing number of industries, the companies producing chips to run the models are benefitting enormously.