Wedoany.com Report on Feb 6th, semiconductor startup Positron recently completed a $230 million Series B funding round. The company plans to use the funds to advance the research, development, and deployment of its high-speed memory chips, a key component of AI chips.

Investors in this round include the Qatar Investment Authority (QIA), a sovereign wealth fund that is increasing its investment in AI infrastructure. Headquartered in Reno, USA, Positron's funding comes at a time when multiple cloud service providers and AI companies are seeking to reduce their reliance on NVIDIA. Sources indicate that some companies, including OpenAI, are already exploring alternatives.

Qatar has repeatedly emphasized the construction of "sovereign AI infrastructure" at the recent Web Summit in Doha, viewing computing power as a crucial factor in enhancing international competitiveness. The country is committed to establishing itself as an AI service hub in the Middle East, which has spurred investment interest in startups like Positron. In September of this year, Qatar and Brookfield Asset Management announced a $20 billion AI infrastructure partnership.

Since its founding three years ago, Positron has raised a total of over $300 million, including a $75 million investment last year from institutions such as Valor Equity Partners and Atreides Management. The company's first chip, Atlas, is produced in Arizona and is claimed to perform close to NVIDIA's H100 GPU while consuming less than 30% of its power.

Positron primarily focuses on developing AI inference chips, the computing hardware required to run trained AI models. As companies shift from model training to practical application deployment, market demand for inference hardware continues to grow. Sources reveal that the company's chips excel in memory performance, high-frequency processing, and video processing.