Positron's $23.5M Bet: AI Chips to Challenge Nvidia’s Dominance

Vol-TE

Apprentice
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/