00:00AI chip startup Etched is making serious waves, announcing it's reached a $5 billion valuation
00:06after booking more than $1 billion in contracts for its specialized AI inference systems.
00:13Unlike NVIDIA's all-purpose GPUs, Etched is betting the future belongs to chips built for
00:19one job and one job only, running AI models as fast and efficiently as possible.
00:24The company's first systems haven't even shipped yet, but investors are already piling in.
00:29Signaling there's plenty of appetite for alternatives in the red-hot AI chip race.
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