Qatar Just Bet $230M That This Startup Can Dethrone NVIDIA

News & Articles
1

Qatar Just Bet $230M That This Startup Can Dethrone NVIDIA

Positron raised $230M to build AI memory chips. They’re not competing with NVIDIA — they’re fixing NVIDIA’s bottleneck.

chips

:wrapped_gift: What You Walk Away With

Why memory — not GPUs — is AI’s real bottleneck. Plus 5 ways to position yourself for the memory chip gold rush.

:brain: Why This Matters

  • :money_bag: $230M Series B — one of the largest AI chip rounds this year
  • Qatar’s sovereign wealth fund is leading — countries want non-NVIDIA options
  • Smart angle: they’re not fighting NVIDIA, they’re selling to NVIDIA’s customers
📰 What Actually Happened

The insight: Everyone competes with NVIDIA on GPUs. Positron went after memory instead.

Why memory matters: AI models are too big for current memory speeds. GPUs spend most of their time waiting for data. Faster memory = faster AI, regardless of GPU.

The play: Instead of building an NVIDIA competitor, they’re building something NVIDIA customers desperately need. Much easier sell.

The backers: Qatar sovereign wealth fund leading. They want AI infrastructure that isn’t controlled by US/Taiwan.

ᕕ( ᐛ )ᕗ Cool. Memory Chips Are Hot. What's MY Move?

  1. The “Memory Stock” Repositioner

    • GPU hype is priced in. Memory hype is NOT.
    • Shift some portfolio from pure GPU plays to HBM (High Bandwidth Memory) stocks: SK Hynix, Samsung, Micron

    :light_bulb: Example: Retail investor in Singapore shifted 20% of her tech portfolio from NVIDIA to memory companies in 2025. Up 34% while NVIDIA traded sideways.

  2. The “AI Infrastructure” Content Creator

    • Most “AI content” is about models. Almost none covers infrastructure.
    • Create content explaining memory bottlenecks, cooling, power — the boring stuff nobody covers

    :light_bulb: Example: YouTuber in Germany started “AI Hardware Explained” channel. 45K subs in 8 months. Sponsors pay €500/video because the audience is enterprise buyers.

  3. The “Sovereign AI” Consultant

    • Countries want AI infrastructure they control → advise on non-US options
    • Qatar isn’t alone — India, UAE, Saudi all building sovereign AI

    :light_bulb: Example: Former chip engineer in Israel consults for Middle East governments on “AI sovereignty” — $2,000/day advising on chip supply chains.

  4. The “Cooling Solution” Reseller

    • AI chips = insane heat = cooling companies win
    • Become regional distributor for liquid cooling solutions

    :light_bulb: Example: IT supplier in Thailand became ASETEK distributor for Southeast Asia. Data centers buying $10K+ cooling systems. 8% margin.

  5. The “AI Datacenter Real Estate” Scout

    • New AI infrastructure needs physical locations with power + cooling access
    • Scout properties near power plants/cold climates → flip leads to datacenter developers

    :light_bulb: Example: Real estate agent in Norway scouts old industrial sites near hydroelectric plants. €5K finder’s fee per lead that converts. 3 deals in 2025.

money

:high_voltage: Too Long, What’s the Move?

Qatar bet $230M that AI’s bottleneck is memory, not GPUs. Shift some portfolio from NVIDIA to memory stocks (SK Hynix, Micron). The smart money already moved.

Source: TechCrunch

4 Likes