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

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The startup, which runs a popular free AI leaderboard, launched its commercial service just last September. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Corgi became embroiled in controversy when Papermark accused it of stealing its software. Corgi says it did not, raising new questions about vibe coding. Also, Omen AI raised a $31 million Series A to monitor chip coolant and stop bacterial outbreaks in data centers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aseon Labs, which came out of Y Combinator's 2026 spring cohort, has raised $10 million from Crane Venture Partners and others. Also, General Intuition has raised $320 million to scale AI trained on millions of hours of gameplay, betting action data can help AI develop something closer to human intuition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205 miles. Plus, new details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fika Jobs announced on Tuesday a $4 million pre-seed round, which will be used to continue developing the platform, grow the team, and prepare for a wider launch later this year. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised $320 million for its latest fund which will see it expanding its presence in the United States. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French serial entrepreneur and open-source legend Jean-Baptiste Kempf has been building Kyber, an infrastructure layer to control remote devices in real time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

World models are the next big thing in AI beyond LLMs and, with this round, Odyssey has cemented itself as one of the startups to watch. Also, General Intuition is in talks to raise around $300 million at a roughly $2 billion valuation from backers including Jeff Bezos. The startup trains AI agents on spatial-temporal reasoning. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Critical Energy is turning rocket engines into geothermal power plants, and it wants to build 300 GW per year by 2045. Learn more about your ad choices. Visit podcastchoices.com/adchoices