Wall Street Journal · Robbie Whelan ·

Positron, which is designing AI inference processor Asimov featuring a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation

NEA, Atreides and Jim Clark are among investors putting $875 million into firm making chips designed for fast running of AI models

AI Venture Capital

In this story Asimov Positron

Positron, which is designing AI inference processor Asimov featuring a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation

Lead Source

Wall Street Journal — Positron, which is designing AI inference processor Asimov featuring a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation ↗

How this story grew

Coverage · 0 Discussion · 0

Sep 10Sep 11

More

Positron AI: Positron AI

Forkast: Forkast

Axios: Axios

WOWTALE: WOWTALE

Chip Briefing: Chip Briefing

Pulse 2.0: Pulse 2.0

Ventureburn: Ventureburn

Reuters: Reuters

Quartz: Quartz

Discussion

Mike Henry Cameron McCaskill Saurabh Sharma Colin Delea Claudia Romanini Backus Trevor Zimmerman Mitchell Stein

Related stories

Wall Street Journal: AI inference chip startup Etched raised $700M led by its new server rack customer Jane Street at a $21B valuation, up from $10.3B after raising $300M in July

Bloomberg: Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation

TechCrunch: AI inference-chip startup Etched is in early talks to raise funding at a $40B to $50B valuation, up from $21B after raising $700M in August

SiliconANGLE: Physical AI chip startup SiMa.ai raised a $150M Series C led by Fidelity and Amplify at a $1.45B valuation, aiming to compete with Nvidia's CUDA-based hardware

Reuters: Efficient Computer, which uses dataflow architectures to develop faster and more energy-efficient chips, raised a $97M Series B at a $650M valuation

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif