Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips

Semiconductor startup Positron has secured $230 million in Series B funding, TechCrunch has exclusively learned. The outfit plans to use the capital to speed up deployment of its high-speed memory chips, a critical component for the chips used for AI workloads, sources familiar with the matter told TechCrunch. The round, which brought Positron to a $1 billion valuation, was co-led by Arena Private Wealth, Jump Trading, and Unless, with strategic investment from Qatar Investment Authority (QIA), the cou ...