Oakseed portfolio company Positron AI becomes a unicorn with an oversubscribed $230M series B. Positron AI makes hardware to run Large Language Models (LLMs) at a fraction of the electricity needs and cost compared to Nvidia. They will also feature 2TB of memory capacity per chip and 8TB per server, which means it can serve 16 trillion parameter models on a single server. Oakseed seeded the company about 2 years ago.
Read more about it on Bloomberg, TechCrunch and EE Times, and watch it on Bloomberg.