Reported 3 days ago
Mitesh Agrawal, the COO of Lambda Labs, has transitioned to become the CEO of Positron, a new startup aiming to compete against Nvidia in the AI hardware sector. Positron focuses on building efficient and powerful hardware for transformer model inference, which is crucial for the functioning of AI applications like chatbots. With Lambda Lab's valuation reportedly over $2 billion, Agrawal's departure marks a significant shift as he seeks to address the growing demand for AI inference capabilities at Positron, a company founded in 2023, which aims to capitalize on Nvidia's focus on broader product lines.
Source: YAHOO