The Chip That Only Runs Transformers Is Now Worth $10.3 Billion
Etched raised $300M at a $10.3B valuation for Sohu, a chip that runs transformers and nothing else — a pure bet that the architecture is done changing.

Browser-based AI agent that builds, tests and deploys full-stack apps
Replit Agent turns natural-language descriptions into working full-stack apps inside Replit's cloud workspace. It scaffolds projects, installs dependencies, tests in a browser, fixes errors and publishes to a hosted URL. It's aimed more at prototypes, MVPs and non-engineers than at existing codebases.
Latest: Replit raised a $400M Series D at a $9B valuation in March 2026.
A strong tool for new apps; reviewers found it weaker than Cursor or Claude Code on existing codebases.
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Etched raised $300M at a $10.3B valuation for Sohu, a chip that runs transformers and nothing else — a pure bet that the architecture is done changing.
Microsoft's AI division has been quietly working on Copilot Pro, and a recent leak suggests it might be the first AI that can write entire codebases from scratch. According to documents obtained by The Verge, the next iteration of Microsoft's flagship AI coding assistant includes revolutionary impro