News about Alpha Compute

Alpha Compute Corp. (Nasdaq: ALP) has joined the Confidential Computing Consortium (CCC) as a Premier member, effective Oct. 1, 2026, gaining a voting seat on the Governing Board and the Technical Advisory Council. CEO Brittany Kaiser will represent the company on the CCC Governing Board. The CCC is a Linux Foundation project with more than 40 member organizations that develops open standards and software for confidential computing, which keeps data encrypted and private even during processing. Lead AI Researcher Allen Roush is scheduled to join a panel at NVIDIA GTC Berlin on Thursday, Oct. 22, 2026, at 5:30 PM CEST.

Alpha Compute Corp. (Nasdaq: ALP) signed a binding four-year contract worth $81.7 million with a venture-backed AI compute marketplace valued at more than $1 billion, leasing the entire ALPHA-03 cluster of 592 liquid-cooled NVIDIA B300 GPUs. The cluster will run in a 1.3 MW data center in Missouri, USA, with delivery targeted for early Q1 2027. The customer has paid a $1.0 million deposit and agreed to prepay 25% of the contract value, with recurring annual revenue of about $20.2 million, and fees are payable whether or not the capacity is used. ALPHA-03 is the company's first contracted U.S. GPU cluster after Canada and Sweden, and the CEO said it will be the largest contract so far.