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TechCrunch Startup News

TechCrunch Startup News

Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip; plus, Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

TechCrunch Startup News · Jul 2, 2026 · 7:44

0:007:44

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Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.

Also, Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office, Google Apps with AI.


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