Here's a factual profile of Positron, incorporating details from the search results:
Positron (AI Hardware Company)
Positron, based in Reno, Nevada, is a developer of purpose-built hardware designed to accelerate multimodal AI inference. Founded in 2023 by Thomas Sohmers, Barrett Woodside, and Edward Kmett, the company aims to deliver high-performance, energy-efficient, and cost-effective solutions for generative AI applications. Mitesh Agrawal is the CEO. Positron's technology allows users to upload trained models from the HuggingFace Transformers Library and utilize an OpenAI API-compliant endpoint. The company's mission is to provide an alternative to GPUs for AI inference, which they claim are inefficient.
Positron has raised $305 million in funding through three rounds, including a Series B round of $230 million in February 2026, valuing the company at over $1 billion. Key investors include ARENA Private Wealth, Jump Trading, Unless, Qatar Investment Authority (QIA), and Arm Holdings. Positron is currently working with customers across cloud infrastructure, advanced computing, and performance-sensitive verticals and expects strong revenue growth in 2026. The company's first product, Atlas, is already in use by leading networking, gaming, content moderation, and token-as-a-service companies. Positron is developing its next-generation custom silicon platform, Asimov, with tape-out targeted for late 2026 and production in early 2027. Positron ranked #3 on The Information's 50 Most Promising Startups for 2024.
Positron Corporation (Medical Technology Company)
Positron Corporation, in contrast to the AI hardware company, is an American nuclear medicine healthcare company specializing in cardiac Positron Emission Tomography (PET) imaging. Founded in 1983 and headquartered in Niagara Falls, New York, it develops, manufactures, and sells PET and PET-CT molecular imaging systems. The company's products, including the Attrius PET and NeuSight PET-CT systems, enable healthcare providers to diagnose cardiac disease and improve patient outcomes. Positron Corporation is a public company traded on the OTC Markets under the ticker symbol POSC. As of February 2026, its market capitalization was approximately $0.07 billion. Adel Abdullah is the President of Positron Corporation. Recent news includes multiple PET-CT orders from leading nuclear cardiology practices and a $2 million capital raise to expand market presence.
Posit (Software Development Company)
Posit, formerly known as RStudio, is a public benefit corporation known for its data science IDEs for R and Python. In July 2024, Posit released a public preview of Positron, a next-generation data science IDE based on the same open-source core as Visual Studio Code. The company has committed to maintaining and updating RStudio, but it is likely that one of the two IDEs will eventually become the primary focus.