<p>➀ PositronAI, a two-year-old startup based in Reno, has raised $23.5 million to develop FPGA-based AI inference chips.</p><p>➁ The company, which specializes in transformer model inference, has backing from Valor Equity Partners, Atreides Management, Flume Ventures, and Resilience Reserve.</p><p>➂ Positron's Atlas V1 device utilizes eight Agilix 7M series FPGAs and boasts performance improvements over Nvidia chips.</p>