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 · 18 Discussion · 8

2:34 PM3:02 AM UTC

More

Positron AI: Positron AI

Reuters: Reuters

Forkast: Forkast

Axios: Axios

WOWTALE: WOWTALE

Chip Briefing: Chip Briefing

Pulse 2.0: Pulse 2.0

Ventureburn: Ventureburn

Quartz: Quartz

Discussion

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

Unite.AI: Pathway, which is developing AI models based on what it calls its "Post-Transformer" BDH architecture, raised a $30M seed at a $500M valuation

Reuters: Velaura AI, which makes low-power chips and software for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation

Bloomberg: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif