AI chip startup Positron seeks $750 million in funding, valuation could reach up to $5 billion

TechFlow reports, July 9: According to Bloomberg, AI chip startup Positron is negotiating a two-stage financing round with a target raise of approximately $750 million. Sources said the first stage financing corresponds to a company valuation of approximately $3.5 billion, and the second stage valuation could rise to $5 billion.

Positron focuses on developing energy-efficient inference chips for running AI models and is one of many companies seeking to challenge Nvidia's position.