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AI chip startup Positron’s valuation skyrockets in latest funding round
The startup will use the money to finish its Asimov chip and expand Titan production as demand for AI inference hardware climbs.
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5 Articles
5 Articles
AI chip startup Positron’s valuation skyrockets in latest funding round
Sept 10 (Reuters) - Positron AI, a startup developing chips to run AI models, said on Thursday it has raised $875 million in its latest funding round, more than quadrupling its valuation in seven months to $5 billion. The startup had raised $230 mill...
Positron AI closed a funding round of USD 875 million with a post-money valuation of USD 5 billion, while accelerating the development of its Asimov and Titan chips to meet the growing demand for infrastructure for artificial intelligence inference.
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