According to filings with the U.S. Securities and Exchange Commission, Positron AI is raising up to $76,221,190.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About Positron AI
Positron delivers vendor freedom and faster inference for both enterprises and research teams, by allowing them to use hardware and software explicitly designed from the ground up for generative and large language models (LLMs). Through lower power usage and drastically lower total cost of ownership (TCO), Positron enables you to run popular open source LLMs to serve multiple users at high token rates and long context lengths. Positron is also designing its own ASIC to expand from inference and fine tuning to also support training and other parallel compute workloads.

To learn more about Positron AI, visit https://www.positron.ai/
Positron AI Linkedin Page: https://www.linkedin.com/company/positron-ai/

Contact:
Mitesh Agrawal, Chief Executive Officer
510-365-2166
https://www.linkedin.com/in/mitesh7/

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