Positron, which is designing AI inference processor Asimov featuring a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation (Robbie Whelan/Wall Street Journal)

Positron, a company developing the AI inference processor Asimov, has successfully raised $875 million at a $5 billion valuation. The Asimov processor is designed with a "memory-first architecture" and boasts up to 2.3TB of memory, aiming for fast execution of AI models. Investors in this funding round include NEA, Atreides, and Jim Clark.