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Synopsis
Valor Equity Partners, an investment firm, Atreides Management, an investment management firm, and DFJ Growth, a venture capital firm, led a $51.6m Series A round in Positron AI, an advanced machine learning company, with participation from 1517 Fund, Unless, Resilience Reserve, and Flume Ventures. “The early benefits of AI are coming at a very high cost – it is expensive and energy-intensive to train AI models and to deliver curated results, or inference, to end users. Improving the cost and energy efficiency of AI inference is where the greatest market opportunity lies, and this is where Positron is focused,” Randy Glein, DFJ Growth Co-Founder and Managing Partner.
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