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Full coverage· Tech· Updated

AI Chip Startup Positron AI to Launch Development in Israel

American AI chip startup Positron AI is establishing development operations in Israel, aiming to compete with Nvidia. The company recently raised $875 million at a $5 billion valuation and plans to open offices in Tel Aviv.

2 newsrooms · 1 language · since

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What happened

  1. 01AI chip startup Positron AI is launching development operations in Israel.
  2. 02The company recently raised $875 million at a $5 billion valuation.
  3. 03Positron AI aims to provide an alternative to Nvidia's dominance in AI chips.
  4. 04The startup focuses on the AI inference stage, requiring fast, low-cost computing.
  5. 05Positron AI plans to open official offices in Tel Aviv soon.
  6. 06Notable investors include Atreides, Valor, and Qatar's sovereign wealth fund.

Positron AI focuses on the AI inference stage and is developing its next processor, Asimov, for release next year.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

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