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SEC filingAlpha Compute Corp. closed a $32.2 million two-year revenue contract with a leading AI research lab for its 504 NVIDIA B200 GPU deployment in a Canadian data center.
Alpha Compute Corp. has secured its inaugural enterprise-scale contract, a definitive two-year lease agreement valued at $32.2 million with a leading frontier AI research laboratory. This deal delivers $16.1 million in annual recurring revenue and includes a $7.5 million upfront payment, providing immediate cash inflow and long-term revenue visibility. The agreement dedicates a cluster of 504 NVIDIA B200 GPUs—one of the most advanced architectures for AI training and inference—in the company's Canadian data center, powered by 100% hydroelectric energy, underscoring its focus on sustainable, high-performance infrastructure. CEO Brittany Kaiser highlighted this as a defining moment confirming global demand for sovereign AI compute, while Chief Business Development Officer Yury Mitin noted it as a critical inflection point in the commercial strategy. This validates Alpha Compute's positioning in GPU-as-a-service outside hyperscaler environments and supports expansion of its sales pipeline targeting AI labs, sovereign initiatives, and privacy-centric enterprise needs. Investors gain confidence from the secured ARR and technical validation of the B200 deployment.