Nikhita

VC @soma_capital | @UCLA grad

[Nikhita @njaaswal]

Just getting started, incredible seeing the first racks shipped. Congrats guys!

[Etched @Etched]

We've raised $700M at a $21B valuation from Jane Street, Kleiner Perkins, Sequoia, A16Z, Peter Thiel, BCV, and Blackstone.

We're also excited to share that we've shipped our first rack to Jane Street.

[joowon @n0w00j]

bro how is cognition just assembling the avengers right now

[Etched @Etched]

We’ve raised $300M in Series C funding at a $10.3B valuation from Sequoia, Andreessen Horowitz, Jane Street, Argo, and SK Hynix.

Our mission is to run the world's inference. This round accelerates production of our inference clusters.

We've opened an 80,000-sqft, 10-MW facility 15 minutes from our office to expedite production and prototyping.

[Nikhita @njaaswal]

@mihikadusad 🚀🚀🚀

[Nikhita @njaaswal]

Honored and incredible to be a part of Etched's journey in building frontier inference clusters. Excited for them to go live and share more soon

Congrats @UbertiGavin, @robertwachen and the entire impressive @Etched team!

[Etched @Etched]

We're coming out of stealth.

We've built our first racks after a successful A0 tapeout, $1B+ in customer contracts, and $800m raised.

Early customer tests show us achieving SOTA throughput, latency, and power efficiency on inference workloads.

Our first racks ship this summer.

[Patrick OShaughnessy @patrick_oshag]

Three years ago, two Harvard dropouts set out to build a better AI chip than the largest companies in the world.

Almost everyone I called at the time said it was impossible.

Today, Etched (@Etched) comes out of stealth with $800M total raised, $1B in signed customer contracts, and a working next-gen AI chip.

This was my excuse to ask the two founders, @UbertiGavin and @robertwachen, every question I have about compute and inference.

We discuss:
- Why they built an entire rack and not just a chip
- The two technical bets behind their architecture no one else has tried
- How two founders in their twenties recruited industry legends
- The night they nearly ran out of money
- Why whoever produces the most tokens wins

If you care about the future of compute, Gavin and Rob are two people to know. I think you will find the story of what they have built hard to forget.

Enjoy!

TIMESTAMPS
0:00 Intro
1:00 Why Nobody Believed Etched Would Work
14:06 Why Inference Is the Bottleneck
22:27 Gavin and Rob’s Origin Stories
33:24 Taking Huge Risks to Move Faster
49:43 Kernels, Compilers, and the AI Stack
1:02:08 Raising $100M to Survive
1:16:00 The Future of Models, Agents, and Intelligence

[Nikhita @njaaswal]

@_jcfe @TryMinervaAI Big moves!!

[Cognition @cognition]

1/ We’ve raised over $1B at a $26B valuation, led by @Lux_Capital, @generalcatalyst, and @8vc.

Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492 M.

We launched Devin two years ago as the first AI software engineer. Since then, cloud agents have gone from niche to mainstream, and today they are the fastest growing way to create software.

[Nikhita @njaaswal]

@tiffzhao05 @quadrillion_ai YAY welcome to NYC and the best team :)

[Nikhita @njaaswal]

@tkkong @philhchen Let's go dream team!!

[Nikhita @njaaswal]

@jaltma Congrats Jack - excited for you!!

[Nikhita @njaaswal]

@ayeshaaroraa This needs all the attention

[Nikhita @njaaswal]

@nikhilvnamburi @_DimensionCap Congrats!!

[Nikhita @njaaswal]

@bonatsos @generalcatalyst Congrats Niko!!