Etched's valuation jumped to $21 B after Jane Street deployed its first AI cluster system, prompting a fresh massive funding round. At the same time, Perplexity's free AI offer in India added millions of users and lif…

Jane Street installed Etched's shipped AI cluster and said the performance convinced the firm to lead the new round, according to the startup.[^1][^2][^3][^4][^5][^6][^8] Perplexity saw its India revenue climb roughly…

Etched's hardware play and soaring valuation

Etched delivered its first AI cluster to Jane Street earlier this month.[^2][^4] The deployment marked the company's transition from software‑only services to a full‑stack hardware offering.[^1][^2][^4] Jane Street’s …