• Etched, a San Jose, Calif.-based builder of frontier inference clusters, raised $700m at a $21b valuation. Jane Street led, joined by Kleiner Perkins, Sequoia, a16z, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum, and Blackstone. Go deeper
• Velaura AI, a Santa Clara, Calif.-based compute infrastructure company, raised $110m in Series A funding at a $1b valuation. Seligman Ventures led, joined by Capricorn Investment Group, Prosperity7 Ventures, Mayfield, Maverick Silicon, MARA, Premji Invest, Samsung Catalyst Fund, and StepStone Group. Go deeper
