Positron Raises USD 23.5 Million to Deliver Made-In-America AI Chips

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Positron Raises USD 23.5 Million to Deliver Made-In-America AI Chips
AI inference technology startup Positron has raised USD 23.5 million in funding from a group of investors, including Flume Ventures, Valor Equity Partners, Atreides Management, and Resilience Reserve. The company aims to scale production of its US-manufactured AI chips, offering a cost-effective and energy-efficient alternative to Nvidia’s AI hardware.

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Positron Raises USD 23.5 Million to Deliver Made-In-America AI Chips


Positron Raises USD 23.5 Million to Deliver Made-In-America AI Chips
AI inference technology startup Positron has raised USD 23.5 million in funding from a group of investors, including Flume Ventures, Valor Equity Partners, Atreides Management, and Resilience Reserve. The company aims to scale production of its US-manufactured AI chips, offering a cost-effective and energy-efficient alternative to Nvidia’s AI hardware.

Also Read: Fluidstack to Build AI Supercomputer in France with EUR 10 Billion Investment

Atlas Systems: High-Performance AI Compute

The company said it is already shipping products to data centers and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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