The race to dethrone Nvidia just triggered an absolute funding frenzy across the tech sector today. San Jose-based AI chip startup Etched has completely broken the venture market by simultaneously negotiating two historic funding tracks. One massive capital layer led by Jane Street is targeting a valuation tier of up to $20 billion, while a parallel round led by Sequoia Capital is moving at a $10 billion mark.

This unprecedented back-to-back structure proves that institutional demand for specialized transformer-only inference hardware is scaling past traditional parameters, especially with Etched working to validate its first batch of custom chips to instantly fulfill $1 billion in booked customer contracts

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Inference Software Engineer | Etched
San Jose (Full-time, On-site)
Help build the software powering Etched's next-generation AI inference hardware. You'll optimize runtime performance, scale distributed inference systems, and work with cutting-edge AI models, compilers, and accelerator architectures to deliver high-performance AI infrastructure.

Electrical Engineer, Hardware Systems | Etched
San Jose (Full-time, On-site)
Design the hardware behind Etched's AI servers by developing high-performance system boards, collaborating with cross-functional engineering teams, and ensuring reliable deployment for large-scale AI infrastructure in modern data centers.

AI Data Operations Manager | Figure
United Arab Emirates (Full-time)
Lead AI data operations by managing the workflows, quality, and infrastructure that power Figure's AI systems. You'll work across engineering and operations teams to ensure high-quality data pipelines that support advanced robotics and AI models.

Site AI Engineer | Aegistech
Las Vegas, NV (Contract)
Deploy and support AI solutions directly at customer sites by integrating AI systems, troubleshooting technical issues, and ensuring reliable performance in real-world environments.

AI Solutions Engineer | Nakupuna Companies
Honolulu, HI (Full-time)
Design and implement AI-powered solutions for government and enterprise clients. You'll work with stakeholders to develop practical AI applications that improve business processes and operational efficiency.

• Safety Protocols: Elon Musk’s xAI files major lawsuits after suspending over 52,000 accounts for safety breaches.

• Infrastructure Backlash: Coordinated nationwide activist protests hit 125 US data center locations.

• Local Capital Shifts: Early-stage venture rounds heavily favor embedded enterprise automation tools.

• Silicon Influx: Etched negotiates parallel multi-billion rounds as alternative hardware demand hits a boiling point.

• Global Alliances: 30 countries officially launch the new World AI Cooperation Organisation (WAICO).

• Infrastructure Debuts: India launches its first AI-integrated vertical university campus in Chennai.

…and a whole lot more that you can read about below.

xAI Sues Users Over Systemic Safety and Terms Violations

Elon Musk’s xAI has taken the unprecedented step of filing federal lawsuits against users who actively misused its Grok architecture to generate prohibited exploitative content. The corporate legal crackdown follows confirmation that xAI has suspended over 52,000 accounts and flagged over 73,000 algorithmic safety violations to federal protective registries this year alone. The lawsuit establishes a heavy legal precedent forcing strict user accountability over generative pipeline prompts

Mio: Emerges from Stealth with €1.9 Million Pre-Seed

Parisian automation startup Mio officially exited stealth mode, locking in institutional funding to expand its autonomous workplace software agents. The capital injection will deploy Slack-embedded AI colleagues designed to securely process complex company documentation and run multi-app workflows without manual frictionenergy footprint generated by the domestic infrastructure boom.

Etched: Negotiates Record-Breaking $20 Billion Capital Round

The San Jose-based custom silicon builder is navigating parallel funding rounds valuation tiers between $10 billion (led by Sequoia Capital) and $20 billion (led by Jane Street). The capitalization explosion will directly scale hardware deployment to fulfill over $1 billion in customer contracts for its specialized transformer-only "Sohu" inference chipg localized data protections and sovereign control boundaries.

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