AI chip startup Positron’s valuation skyrockets in latest funding round
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 million in February at a valuation of $1.06 billion, according to data provider PitchBook.
The rapidly growing AI inference market, focused on running trained AI models, has become a key battleground as companies develop specialized processors to challenge Nvidia’s dominance.
