Positron Raises $230M Series B To Take On Nvidia’s AI Chips

Positron AI chips raised $230M Series B to disrupt Nvidia's market with power-efficient inference hardware for enterprise AI deployments.
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Positron Raises $230M Series B To Take On Nvidia’s AI Chips
Positron AI Chips Just Raised $230 Million to Break Nvidia's Stranglehold Reno-based semiconductor startup Positron has closed a $230 million Series B funding round at a $1 billion valuation, positioning its power-efficient AI inference chips as a serious alternative to Nvidia's dominant hardware. The capital injection—co-led by Arena Private Wealth, Jump Trading, and Unless, with strategic backing from Qatar Investment Authority—will accelerate production of Positron's Atlas chip, which delivers H100-level performance using less than one-third the power. As enterprises shift from training massive AI models to deploying them at scale, demand for efficient inference hardware is surging, creating an opening for agile challengers in a market long controlled by a single supplier. Credit: Positron Why Inference Chips Are Suddenly the AI Industry's Most Valuable Real Estate For years, the AI hardware race fixated on training—the computationally brutal process of building large l…