Qatar Investment Authority invests in Positron AI Series C

Qatar Investment Authority has announced its participation in a Series C funding round for the American company "Positron AI" valued at $875 million, which has increased the company's valuation to $5 billion. The company focuses on developing hardware and software that reduce AI inference costs and enhance energy efficiency through "Memory-Based Engineering" technology, addressing memory capacity challenges and power requirements in AI infrastructure. The funding will support the development of next-generation technology, including the design of the "Asimov" chip and the "Titan" intelligent inference system, reflecting Qatar Investment Authority's commitment to supporting innovation and continuous advancement in the global AI ecosystem.