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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

8 min•2 juli 2026

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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