Positron, an AI-chip startup that designs hardware to speed AI models, has
raised $875m at a $5bn valuation, the Wall Street Journal reported. The
valuation jumped from $1bn after a Feb $230m round. The financing was led by
NEA, Atreides Management, Valor Equity Partners, Andra Capital, SemiAnalysis
Capital (analyst Dylan Patel) and Jim Clark. Positron said it has delivered
about 50 previous‑generation Atlas server racks to ORACLE; other customers
include Jump Trading and AI firm Parasail. The company is pushing to ship its
chips quickly to gain an edge in the crowded AI‑chip market.