Etched reviews funding offers at $40B-$50B valuation

Etched is reviewing investment offers valuing the AI hardware startup at $40 billion to $50 billion, according to people familiar. The $40 billion offers come from top-tier investors, $50 billion from lesser-known backers. Talks are early and terms may change. That range would roughly double its prior $700 million round at $21 billion. Etched declined to comment.