Browsing Tag
Asimov
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Positron AI lands $875m at $5bn valuation before Asimov chip reaches tapeout
Positron AI has secured $875 million in Series C financing at a $5 billion valuation, more than quadrupling its valuation in seven months as investors back a memory-first AI inference architecture whose Atlas systems already run at Oracle but whose next-generation Asimov silicon is not expected in production until the second half of 2027.
Positron AI lands $875m to fund Asimov inference chip production
Positron AI has secured $875 million at a $5 billion post-money valuation after deploying more than 50 Atlas racks at Oracle Cloud Infrastructure, but its custom Asimov silicon will not reach production until the second half of 2027.