DealsMay 13, 2026, 04:14 PM
Alpha Compute Secures $32.2M NVIDIA B200 GPU Off-Take Deal
AI Summary
Alpha Compute Corp. announced a definitive two-year compute off-take agreement with a leading frontier artificial intelligence laboratory, valued at $32.2 million. This deal secures $16.1 million in Annual Recurring Revenue (ARR) and includes an expected upfront payment of $7.5 million. The agreement provides exclusive access to a dedicated cluster of 504 NVIDIA B200 GPUs in its Canadian data center, marking Alpha Compute's inaugural enterprise-scale customer agreement.
Key Highlights
- Secured a two-year compute off-take agreement valued at $32.2 million.
- Generates $16.1 million in Annual Recurring Revenue (ARR).
- Includes an expected upfront payment of $7.5 million.
- Covers a dedicated cluster of 504 NVIDIA B200 GPUs.
- Deployment located in a Canadian data center, powered by 100% hydroelectric energy.
- Marks Alpha Compute's first enterprise-scale customer agreement.