Positron, an AI chip startup that goals to go head-to-head with NVIDIA, has raised $23.5 million in funding from buyers, together with Flume Ventures, Valor Fairness Companions, Atreides Administration, and Resilience Reserve. The corporate mentioned it can use the fund to scale the manufacturing of its energy-efficient AI chips, providing companies a less expensive different to NVIDIA’s {hardware}.
The corporate, launched in 2023, is led by Mitesh Agrawal, with co-founders Thomas Sohmers and Edward Kmett.
“With this funding, we’re scaling at a tempo that AI {hardware} has by no means seen earlier than–from increasing shipments of our first-generation merchandise to bringing our second-generation accelerators to market in 2026,” Agrawal mentioned in a press release.
He added that their answer is rising quickly as a result of it outperforms standard GPUs in each price and power effectivity whereas delivering AI {hardware} that eliminates reliance on overseas provide chains.
Extra Rivals to NVIDIA AI Chips
Positron, as a startup, claims to have already shipped merchandise to knowledge centres and neoclouds across the US.
In line with the corporate, their Atlas programs are presently attaining 3.5 occasions higher efficiency per greenback and three.5 occasions higher energy effectivity than NVIDIA H100 GPUs for inference. Its servers powered by field-programmable gate array (FPGA) assist fashions with as much as a trillion parameters whereas providing plug-and-play compatibility with Hugging Face and OpenAI APIs.
The system makes use of a memory-optimised structure that makes use of greater than 93% of the bandwidth. Conventional GPUs usually eat upwards of 10,000 watts per server, creating a serious hurdle for knowledge centres with restricted infrastructure. Nonetheless, the chip’s energy-efficient structure makes it cost-efficient, permitting conventional knowledge centres to harness AI computing without having to overtake the infrastructure utterly.
Addressing the chip’s distinctive worth proposition in a press release, one of many buyers, Rob Reid, the co-founder of Resilience Reserve, mentioned, “What units Positron aside is not only its price effectivity, however its capability to convey AI {hardware} to market at an unprecedented velocity and supply excessive efficiency per watt. Their revolutionary method is enabling companies to scale AI workloads with out the standard obstacles of price and energy consumption.”
Positron talked about that it has constructed a completely American provide chain, which ensures that its AI {hardware} is designed, fabricated, and assembled within the US. With developments like this, together with OpenAI’s goal to provide AI chips, it needs to be thrilling to see who succeeds in taking off NVIDIA’s AI crown.
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