close
close

Reno’s positron AI receives $ 23.5 million investment – KRNV

Reno’s positron AI receives $ 23.5 million investment – KRNV

A large -scale investment in a local technology company has Reno Right in the Dest of Global Artificial Intelligence Race.

“We can be a big fish in the current pond,” says Thomas Somers, Chief Technology Officer at Positron AI.

Sohmers partnered with the company’s CEO Mitesh Agraval 18 months ago to put Positron AI.

On Tuesday morning, the couple, along with the Western Nevada Economic Development Authority (EDAWN), announced an investment of $ 23.5 million from risk capitalists who will preserve the technology company in the northern Nevada for the long run.

“It is very vital to have this technology in as many places as possible. And because we are from here, we really wanted to bring this ecosystem here. I think we will get more talents here for that, “Agraval said.

The hardware manufactured by the United States. Compared to NVIDIA, Positron boasts more efficient and powerful AI systems.

“Instead of slowing down the progress of AI, I think we need to accelerate it, but when we do, using more energy efficient means, making it more cheaper so that it is widely accessible to humans.”

Lecturers of the event on Tuesday included Renault Hillary Sheve Mayor and President of Nevad University Renault Brian Sandoval, who had high praise for positron.

“People always believe that everything is impossible as long as it is not possible, but it is about people,” Sandoval said.

Looking at the future, co -founders want to design the next generation of AI products … built right here in a silver country.

“I have been in the North Nevada area for about seven years and I think there is no better place to build and create a company and be able to attract talent based on the great resources that it does not provide to Nevada,” Agraval said.

Leave a Reply

Your email address will not be published. Required fields are marked *