QIA invests in Positron AI Series C financing

Qatar Investment Authority (QIA) has joined Positron AI in a $875 million Series C financing round, boosting the value of the AI inference hardware company to $40 billion. Co-led by NEA, Atreides Management, Valor Equity Partners, Andra Capital, co-founder of Silicon Graphics Jim Clark, and Netscape, among others, the financing was also backed by QIA's previous Series B investment in February 2026.

Positron AI specializes in creating hardware and software to enhance AI inference, the process of executing trained AI models. As the demand for AI agents, assistants, and copilots surges, the challenge of memory capacity, memory bandwidth, and power requirements becomes more pronounced. Positron's memory-first architecture aims to tackle these issues while diminishing dependence on limited High Bandwidth Memory (HBM) and Chip-on-Wafer-on-Substrate (CoWoS) supply chains, allowing deployment in both air-cooled and liquid-cooled data centers.

The new funding will fuel the advancement and commercialization of Positron's upcoming technology, including the tapeout of Asimov, their next-generation silicon, and the production ramp-up of Titan, an inference system with multi-terabyte memory capacity. The QIA's investment underscores its commitment to supporting innovative companies driving the next wave of AI adoption and long-term growth.