AI Chip Startup Etched Aims to Take On Nvidia

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AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on "Bloomberg Technology."
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Опубликовано:

24 июн 2024

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Комментарии : 174

@OculusGame 4 дня назад

It took me only 20 minutes of research: - Company is 1 year & 8 months old. - No product available yet, not even a demo. - Founders have no AI hardware experience, and also under 30. - They use catchy terms like "ASICs". - Nvidia invests billions per year and have a product, they just have a render and say: "we're 20x better, trust". Even a 12 year old would do better due diligence than those investors, it's so pathetic really.

@joannot6706 4 дня назад

I think they are legit

@StuartJ 4 дня назад

It's hard to tell. Until we see a demo, or very detailed hardware information, your right to be skeptical. Whoever can crack Inference, will make a ton of money. So far groq is the only real contender to NVIDA, and they could start to make a serious dent in their market share next year.

@caleb7799 4 дня назад

that's some deep research...

@ALFTHADRADDAD 4 дня назад

After 1 minute of research my balls are huge

@digzrow8745 4 дня назад

From a technical standpoint, it's not like they're making a fusion reactor; it's just an ASIC specifically designed for transformers. They're just gambling on whether transformers are here to stay or not. Who knows, a paper might come out tomorrow about a much better architecture that makes transformers and their product, obsolete.

@MelissaHobbs-qm8wi 4 дня назад

Did you all see the new release of NVIDIA's stock earnings? The results are incredible, and their stock is surging.

@ChloeCarter-kd7gz 4 дня назад

Yes, I saw that! It's amazing how well NVIDIA is performing despite the overall market volatility. It's got me thinking about re-evaluating my portfolio.

@LeahLewis-ny9iu 4 дня назад

I agree. The tech sector, particularly companies like NVIDIA, seems to be a good investment. I remember my advisor, Desiree Ruth Hoffman, mentioning the potential of NVIDIA about two years ago. I followed her advice, and my portfolio has grown from $150k to $700k since then.

@OliverLiam-px3vx 4 дня назад

That's impressive,Desiree Ruth Hoffman has been a huge success for many of us. DESIREE RUTH HOFFMAN possesses a profound comprehension of market dynamics and technological trends.

@OliverLiam-px3vx 4 дня назад

Her foresight is quite remarkable Her predictions and guidance have been instrumental for many speculator during these turbulent times. She help me streamline my assortment and preserved them even in these turbulent times.

@JessicaKeith-uj1jq 4 дня назад

I've had a similar experience. I was initially skeptical about hiring a financial advisor, but after hearing about Desiree from you guys, I decided to give it a shot. In just two years, my portfolio has also grown significantly, and I feel much more secure about my financial future.

@jondonron 5 дней назад

Homey is an AI NVIDIA will probably have more capacity and will outpace them significantly.

@StuartJ 4 дня назад

Once Groq start manufacturing out of Samsung's Texas fab, they will be a real threat to Nvidas dominance in inference.

@bpolat 6 часов назад

Everybody will taking from Nvidia's market share. Nvidia is a giant bubble to burst.

@donwunder33 4 дня назад

TSMC's 2023 revenue was 70.6B. Even if 100% of this company's 120M went to TSMC it would amount to just 0.17% of TSMC's revenue. Why would they prioritize this guy's job over their existing customers who also need their limited capacity?

@paulmuriithi9195 4 дня назад

nice. exactly my point. sohu needs sub 3 nm n2 node chips for them to have a chance. Nvidia haters like intel will fund these guys and they will be successful if they agree. 20b dollars minimum to book a production run at samsung or TSMC. last i checked, all q4 2024 and q1,q2,q3 2025 production fab run schedules are fully booked and paid for.

@tekmepikcha6830 5 дней назад

Bloomberg: We have a 7-minute slot to fill Gavin: Hi

@MrNomad123 4 дня назад

😂

@AaronBrady-pt9mx 18 часов назад

My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. With Samantha Jack, my portolio is doing really great and im proud of the decisions i made last year.

@TeresaGonzalez-qf3rc 17 часов назад

I think she trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from Samantha I had to personally ask her to be my financial advisor. she is definitely good

@EliseGarnier-oq7go 17 часов назад

Samantha Jack's strategy has normalized winning trades for me and it's a huge milestone for me looking back to how it all started.

@JamesHuang-sp3ek 17 часов назад

I’m new at this, how can I reach her?

@MatiasHernandez-ig4mq 17 часов назад

She is all about simple technique that are highly profitable, I really admire her winning mentality.

@JoahnyBeatriceGarcia 17 часов назад

Wow. I'm a bit perplexed seeing Samantha Jack being mentioned here also. Didn't know she has been good to so many people too, this is wonderful.

@creativecomputers6060 4 дня назад

I sold all my Nvidia shares and bought TSMC. Etched and Nvidia rely on them. They are currently building two factories in Arizona.

@uzomad 4 дня назад

They better be underground for when China strikes

@atabac Час назад

ditch TSMC, buy ASML without asml machines tsmc is nothing😂😂😂

@otis3744 4 дня назад

The reason tech bubbles hardly cause any real world problems is that only rich people lose their money… when these start ups fail

@joannot6706 4 дня назад

I remember them from like 6 months ago, nice to know that they're on track to fullfil their vision

@davidburk4546 5 дней назад

4:32 he just pronounced it “nuh-vi-dee-yah,” so I don’t know how seriously to take him 😂

@MatthewMS. 5 дней назад

N V envy Nvidia

@donwunder33 16 часов назад

Thanks for including the timestamp. CNBC did a short segment recently titled "You don't know nVidia" that started and ended showing a whiteboard printed "en-vi-dee-yah". I guess they realized the analysts they put on should at least know how to pronounce the name if they want to be taken seriously for their so called expert commentary and "insights". One side effect of AI in general and nVidia in particular is the exposure of hypocrisy that is the foundation of the financial establishment. It would be a sad day if "nuh-vi-dee-yah" goes out of the popular lexicon as it will be slightly less easy to spot the charlatans.

@steveholmes1736 3 дня назад

This interview to me is addictive of why broadcast television is dead. It’s like eating a Twinkie for dinner. Where is the beef? This guy should’ve been interviewed for at least an hour and they should’ve gotten into the details.

@whatarefacts4610 4 дня назад

Young people don't really know the enormous amount of work for an end-to-end full stack solution to be able to even have a slight chance to compete with Nvidia. This is the nth (n > hundreds) startup led by young enthusiastic founder who is going to waste investors' money.

@johnpats7024 3 дня назад

Yet its always kids like this who end up changing the world. Your not smarter than the investors, there is a reason they take massive gambles on kids like this and if just one in 10 are successful thats a massive win. Its not “wasting investors money”. Its highly ambitious trying to innovate something new and it may work and it may not. If everybody had your small minded viewpoint i wouldn’t be typing this on an iPhone of using facebook.

@whatarefacts4610 3 дня назад

@@johnpats7024 I am sorry, not it this case. I am in the field and know what I am talking about. I judged by what he said technically and not making a blanket statement on "always kids like this who end up changing the world" like yours. It really requires deep understanding across a few fields in computer science, computer engineering, and applications domains where parallel processing make sense.

@ThePresentFuture 4 дня назад

Gavin say's, *_"Nvidia does a bunch of things slower, we do one thing 20 times faster."_* Ludlow say's, *_"What makes your chip different"_* as if he didn't hear the first answer.

@Niels_F_Morrow 4 дня назад

If ASIC miners exist in mining specific coins, if NPUs are being placed in laptops, why not extend this idea to transformers used in AI? The idea, as he said, is a bet, a gamble. And there are several companies that build ASIC miners.

@liwenchang3260 2 дня назад

It’s not a new idea to move certain tasks from general purpose to application specific, everyone in the industry knows this and most likely have already thought of this specific idea. He probably just happens to be loud and attracted some attentions from those who don’t know what ASIC even means.

@s8x. День назад

bro is the best salesman ever

@OrvinReyes 4 дня назад

Lol sounds very much like the good ol days of crypto scams 😂😂😂

@brianicia 4 дня назад

Looking Forward to Etched Success!

@KrustyKlown 4 дня назад

By the time this guy gets something to market .. Nvidia will be several generations beyond Blackwell ... nobody can keep pace at volume.

@StuartJ 4 дня назад

Nvidias week spot is inference. And it's the largest market. Groq is already far superior (at scale), but they won't have the volume for another year.

@KrustyKlown 4 дня назад

@@StuartJ there are several of these ASIC inference startups.. it's far too early to tell if any will successfully grab any significant ongoing market share. Once these companies go public, then we can watch their financial results and decide whether to invest.

@StuartJ 4 дня назад

@@KrustyKlown Groq say they are not interested to go public. Once they start making chips out of Samsung's Texas Fab, they could dominate inference.

@KrustyKlown 4 дня назад

@@StuartJ takes more than good chips to gain market share. And I only care about what I can invest in. Right now, no significant competitors have emerged to Nvidia.

@rikmeistr46 4 дня назад

And, ya think Nvidia isn’t already working on ‘transformer’ like algorithms in future chips.

@jaidenBenzz 4 дня назад

Great talk thank you

@hoochill 4 дня назад

this is only inference. nobody can compete against Nvidia in actually training the LLMs

@StuartJ 4 дня назад

Inference is the largest market, and a competitor could wipe out NVIDIAs market share for that if they can scale up fast enough.

@denisblack9897 3 дня назад

More like it aims to ride the hype and scamming some idiot money bag.

@j.m4653 9 часов назад

10 years later, the guy is still looking for funding....10 years later, nvdia is a 10 trillion company

@bpolat 6 часов назад

Nvidia already priced in next 5 years. From here it will only go down.

@j.m4653 5 часов назад

I think you haven't gotten it yet.. @bpolat

@6lack5ushi 2 дня назад

20x cut on latency and throughput is just insane, but makes sense if its etched in silicone because you dont have to construct it virtually.

@rock_oclock 3 дня назад

"What's to prevent Nvidia from doing the same thing as you and squashing you like the bugs you are?" - Mr. Wonderful

@otis3744 4 дня назад

Watch investors through billions into this without any research ever.

@abhijitramin 4 дня назад

How is this different then Gorq?

@nedkelly3610 4 дня назад

I guess $120M will buy you a single working prototype, but you're got to start somewhere. Im looking forward to cheaper npu's availability.

@HRaychin 5 дней назад

Its weed not him

@KrustyKlown 4 дня назад

Confidently raising capital for something that he hasn't built yet .. a familiar story.

@larryace4683 4 дня назад

Steve Jobs smoked weed too

@HRaychin 4 дня назад

@larryace4683 Bruce Lee has 2 leg and 2 arms like you too :)

@DJAdalaide 4 дня назад

Transformers: Robots in disguise!

@manonamission2000 22 часа назад

Every car could conceivably have its own onboard 4trillion parameter LLM

@gasfeesofficial3557 4 дня назад

this kids gonna be big!

@senju2024 4 дня назад

Maybe nvidia will buy them and integrate their tech for a hybrid with GPUs. Anyway, I think this startup is just advertising for a big company to buy them.

@whatnowFAM 3 дня назад

Nvidia won’t buy them. They’re exactly doing what Google TPUs do

@Sirmrmeowmeow 4 дня назад

500 toks per s is wild *for inference return of the asics

@letsinvest1476 4 дня назад

It's about to get more interesting! Routing for Etched as well. I think this will make only make Nvidia more aggressive.

@dan-cj1rr 4 дня назад

lil bro looking for investor money to do nothing.

@royalyouth1173 12 минут назад

Young people are funny he could learn a lot from Jensen it's possible to exceed him but I won't see this happening decades from now

@paulcheng88 3 дня назад

Yes, but you need manufacturing capacity at scale.

@Bradgilliswhammyman 4 дня назад

If this had any chance of taking off NVDA would have or is thinking about buying it.

@davet11 3 дня назад

He has zero IP.....he has and will have nothing to sell and I'd bet Nvidia already have a transformer design closer to realization. An implementation of Google's algorithm or architecture isn't IP. The more I see these things the more I realize Peter Theil is an idiot. Up there with Musk... the village idiot.

@michaelnorman4 3 дня назад

Who's man's is this??

@thinkingcitizen 4 дня назад

I’m afraid this guy is following in the footsteps of Theranos

@user-ll9qk2el4d 4 дня назад

At least there's no chance of him being pregnant and behind bars. 🤣

@bpolat 6 часов назад

you are definitely not understand the tech. ASIC is a known tech. They apply it to transformer model. It is not a scam or imagination. I am sure many companies will pop up soon to do same.

@anipacify1163 4 дня назад

This is similar to Groq's LPU

@bpolat 6 часов назад

Nvidia is giant bubble to burst soon.

@techwiz1033 4 дня назад

Did he just leak the size of gpt4? As 1.8 trillion

@manonamission2000 22 часа назад

Not a leak, his source is Semianalysis... and 2 trillion for Claude 3 Opus

@Paradox_World 4 дня назад

Unless you got more money than them, i wouldn't bother

@britannio 4 дня назад

Startups rarely have more money than the incumbents that they seek to displace in the early days.

@urimtefiki226 День назад

chatgpt needs to increase the number of parameters to infinite and to build more data centers until the whole earth is covered with data denters ;)

@HaxxBlaster 4 дня назад

Come back when you have something working. Would be interesting to see a real test where its better than whats available today. Its possible because other companies want nvidia to fail and sometimes young people come with breakthroughs

@bpolat 6 часов назад

It is already working. Their partner is TSMC, the largest chip manufacturer.

@HaxxBlaster 6 часов назад

@@bpolat I heard about it, but it's not a real product yet. But i hope it goes well, i wish them luck

@LazyDotDev 4 дня назад

Let's just say Jensen won't be losing any sleep for the foreseeable future, this was cute though.

@StuartJ 4 дня назад

Well he might. His top engineers are all retiring, because their stock optons are worth $10-20M 😂

@manonamission2000 23 часа назад

gravy trains don't run forever.... and complacency is a thing

@LazyDotDev 23 часа назад

@@manonamission2000 Its literally only been gravy for a few months, I'd hardly call that 'forever'. Rome wasn't built in a day so Etched has a lot of work ahead. I support competition and innovation, however, A King isn't King because you rolled out of bed and learned about him. Nvidia has been decades in the making, that's infrastructure, R&D, and supply chains. This isn't a web app. That being said, power to Gavin i'm sure he'll be successful in tech whether Etched succeeds or not, but Jensen isn't losing sleep. $120MM in this industry is a drop in the bucket, Jensen just cashed out 30MM for play money.

@bpolat 6 часов назад

Jensen is just a showman. He just pumping stock price and cashing out. Many retail investor will burn after this hype is over.

@LazyDotDev 5 часов назад

@@bpolat Do you people think before rambling? Go Do Your Own Research on how much stock Jensen sold since his net worth catapulted.

@ReflectionOcean 4 дня назад

By "YouSum Live" 00:00:00 Specialized chip for transformer models vs. flexible accelerators 00:00:31 Unique chip design enables high throughput and low latency 00:01:30 Betting on transformers as the future of AI models 00:02:04 Transformers evolving beyond language models to images and videos 00:03:01 Shift towards larger AI models with billions of parameters 00:03:54 Capital-intensive nature of developing specialized AI chips 00:04:25 Collaboration with TSMC for scaling production of specialized chips 00:04:47 Differentiation from GPU technology in chip advancement and performance 00:05:50 Capital allocation for product development and business scaling 00:06:04 Specialization in transformer architecture as a strategic business focus By "YouSum Live"

@apexsynthesis1 4 дня назад

Sounds like an executive enrichment scheme. “We’re building our own silicon and our own servers”……well what do u think nvidia has revolutionized LOL

@masa4680 4 дня назад

why Soho? −the same name as Chinese search engine

@manonamission2000 23 часа назад

Sohu

@RajDeelish 4 дня назад

First of all, they are not competing with Nvidia. They are making a TPU, not a GPU. Secondly, I have food in my fridge that has been around longer than this company. They are soooo far away from being soooo far away.

@TPM188 4 дня назад

$120m not enough for TSMC 3nm and 4nm

@bpolat 6 часов назад

TSMC is their partner.

@bullionmaster 4 дня назад

in case u didnt realize, you are 3 Decades+ Behind Nvidia and everyone else in the game, mr CEO. You're dealing in the cutting-edge hardware domain that also needs cutting-edge software to work which is really, really, really challenging to do. its not as simple as coming up with some new platform like Airbnb, Mr CEO.

@StuartJ 4 дня назад

Nvida are king at training, but only with inference at the moment. Others specialising in inference are going to eat their lunch, and then some. It's the largest market, by an order of magnitude.

@Vancouver_Island_Guy 20 часов назад

@@StuartJlol sure

@StuartJ 20 часов назад

@@Vancouver_Island_Guy oops, over invested are you?

@Vancouver_Island_Guy 8 часов назад

@@StuartJ um no lol

@doublesman0 4 дня назад

What bs is this. Other already established semis are pivoting internally to capture some of nvidias market share.... That is companies that already know what they are doing

@manonamission2000 23 часа назад

do one thing, do it well

@jaffarbh 4 дня назад

The reason big boys buy Nvidia chips and not Intel/AMD is because of CUDA (the software that underpins the whole thing), not just the raw performance. I hope the folks at Etched understand this clearly. Nvidia has been perfecting CUDA since 2006. Even Intel/AMD are no where close.

@StuartJ 4 дня назад

That's only relevent for training. Look at Groq. They don't use CUDA, but are able to host popular LLM models, within hours of their release.

@LazyDotDev 4 дня назад

Understand what? He's 21, this isn't a web app. Hardware is hard, but I respect the Genghis Khan in anyone. He gets to take a moonshot bet using OPM and if he fails, he'll have on his record his first startup failure experience which in the Valley gets you more OPM for future bets.

@jaffarbh 3 дня назад

@@StuartJ Besides Nvidia, I also use Intel Arc for inference. Nvidia works out of the box but with Intel there is a lot to do.

@jaffarbh 3 дня назад

@@LazyDotDev I couldn't agree more mate. Google's TPU is essentially a large (and mature) ASIC made specifically for neural networks training and inference. Google still buys lots of Nvidia GPUs. People should think why before getting too excited :)

@nuclearthrone2497 3 дня назад

Big gamble, sound business plan, good luck!

@bpolat 6 часов назад

It is not a big gamble. Transformers are the future. There is no competition yet. If there were no transformers, there will no chatGPT or any other LLMs now.

@MultiMojo 4 дня назад

Looks like ASICs are back in vogue again.

@GordonMoat 4 дня назад

Who is funding this dude, and do they seriously imagine cashing out in an IPO?

@bpolat 6 часов назад

If you watch video you will see how is funding. All well know VCs.

@GordonMoat 5 часов назад

@@bpolat That's not my point. What kind of person invests with this dude?

@richardthompson7838 4 дня назад

All these college tech heads, nerds, and dropouts are going to change the world: Elizabeth Holmes, Sam-Bankman F., and now this young cat. They can't reach their own goals, let along change the world. Throw them more money... I smell another DISASTER in the making.

@P4yn3 4 дня назад

bill gates, steve jobs and many others did

@caleb7799 4 дня назад

what exactly are you fucking crying about? do you even know?

@richardthompson7838 4 дня назад

@@P4yn3 Blood Sweat Tears by those owners started those companies not VC funding, and you can't even compare the boomers and early pioneers with this silver spoon 🥄 generation of privileged wannabes. Steve Jobs started Apple with $1,300. Gates saved up money he made contracting. Jeff Bezos started Amazon with $300,000 from parents, and Zuckerberg started Facebook with a $1,000 of his own money. No millions here.....Nowadays, these kids want a shortcut to the top. Sorry Charlie...

@richardthompson7838 4 дня назад

@@P4yn3 The pioneers you mentioned started those companies with Blood, Sweat, and Tears. There was no VC money. People nowadays are looking for a shortcut to the top. Ain't happening. And if it does; disaster will likely follow. Steve Jobs started Apple with $1,300. Bill Gates started Microsoft with the money he saved up from contract worth. Jeff Bezos started Amazon with a $300,000 loan from his parents. Zuckerberg invested $1,000 in Facebook.

@michaellin6155 4 дня назад

don't youhave to have something equivalent to cuDA to even make that claim? i call bull

@paulmuriithi9195 4 дня назад

this guy needds minimum 20 billion dollars to even have a chance at AISC chips robust enough to outgun blackwell based solutions from NVIDIA. he needs lots more investors and better algorithms..else....waste of investor money.