Positron targets hundreds of megawatts as it scales AI-chip production

Positron says it is taping out its chip this year and expects production to ramp in the second half of 2027. It plans to show by 2028 how it can reach “hundreds” of megawatts—roughly 300–500 MW or more—on a path toward gigawatt-scale deployments.

Hyperscalers and frontier labs may ask for proposals involving a gigawatt or more, making early orders potentially a proof of concept for much larger future fleets. Positron also cited inference-service providers, sovereign AI clouds and quantitative-finance customers as alternative growth channels, with possible revenue milestones of $100 million, $250 million, $1 billion and $2 billion.

The company says it raised $875 million and still had $230 million from its Series B, raised in February of the same year, available. That capital is intended to demonstrate that customer deployments can be financed, while larger projects may require external financing. The discussion also identified commodity memory as more feasible to source than HBM, but with performance trade-offs requiring technical innovation.