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Positron, a Reno-based startup, has snagged $23.5 million in funding to ramp up production of its U.S.-made AI chips, manufactured in Arizona. These chips promise to deliver performance comparable to Nvidia’s H100 while consuming just a third of the power. Targeted at AI inference rather than training, Positron’s chips could fill an emerging demand as AI applications proliferate. With Nvidia currently holding an 80% market share, companies like Microsoft and Meta are seeking alternatives amid rising costs and single-supplier risks. Will Positron’s innovation shake up the AI chip landscape?
Do you think Positron can realistically compete with Nvidia, or will they struggle to gain market traction?
Source: https://www.reuters.com/technology/…35-million-seed-round-take-nvidia-2025-02-11/
