{"success":true,"data":{"pressRelease":{"id":"168640","rtpr_id":"nGNEccnhZD-20261014","ticker":"ALP","exchange":"NASDAQ","all_tickers":["ALP"],"title":"Alpha Compute Signs Binding GPU Contract, Leasing ALPHA-03 cluster under Four-Year, $81.7 Million Agreement in its Missouri Superintelligence Factory","author":"Globe Newswire","published_at":"2026-10-14T11:00:00.368Z","article_body":"Billion-dollar AI compute marketplace takes ALPHA-03 cluster’s 592\nliquid-cooled NVIDIA B300 GPUs, prepaying 25%, $20.2 million\n\nNew York, NY, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq:\nALP) (\"Alpha Compute\" or the \"Company\"), a pioneering technology leader in\nSovereign Superintelligence, today announced that it has signed a binding\ncontract with a billion-dollar AI compute marketplace for a four-year, $81.7\nmillion AI compute agreement. The agreement covers all 592 liquid-cooled\nNVIDIA B300 GPUs of the Company’s ALPHA-03 cluster in Missouri, USA with\ndelivery targeted by early Q1 2027. The customer has paid a $1.0 million data\ncenter booking deposit. \n\nThe customer is a venture-backed AI compute marketplace. According to the\nclient, it was valued at more than $1 billion in a recent funding round and\nserves more than 100 AI customers. \n\nUnder the contract, the customer has committed to the cluster for an initial\nterm of 48 months, with fees payable whether or not it uses the capacity. The\nagreement is worth approximately $20.2 million a year in recurring revenue.\nThe customer has agreed to pay 25% of the contract value, or $20.2 million, in\nadvance, with 20%, or $16.1 million, due at signing and 5% due on delivery. \n\nALPHA-03 will run in Missouri, USA under an agreement the Company has signed\nfor 1.3 megawatts of liquid-cooled data center capacity. The cluster adds 16\nhot-spare GPUs to the 576 covered by the agreement. ALPHA-03 is the Company's\nfirst contracted GPU cluster in the United States, following ALPHA-01 in\nCanada and ALPHA-02 in Sweden. \n\n\"A venture-backed AI compute marketplace has signed a binding four-year\ncontract for all of ALPHA-03 and paid a deposit,\" said Brittany Kaiser, Chief\nExecutive Officer of Alpha Compute. \"ALPHA-03 will be the largest contract so\nfar, as we grow this business globally.\" \n\n\"ALPHA-03 will dedicate 592 liquid-cooled B300 GPUs to one customer for four\nyears,\" said Yury Mitin, Chief Business Development Officer of Alpha Compute.\n\"The 25% advance will equal a full year of fees,\" he added.\n\nTRANSACTION HIGHLIGHTS \n\n- Agreement: Binding contract signed October 9, 2026 \n- Customer: A venture-backed AI compute marketplace valued at more than $1\nbillion\n - Initial term: 48 months from delivery date  \n- Total Contract Value (TCV): $81,732,160 \n- Annual recurring revenue: $20,183,040 \n- Advance payments: $21,183,040, or 25% of TCV \n- GPUs: 576 NVIDIA B300 GPUs, liquid-cooled, plus 16 hot spares, totalling 592\nGPUs \n- Data center: Missouri, USA, 1.3 MW of liquid-cooled capacity under a signed\nagreement \n- Delivery: Early Q1 2027 \n- Funding: Customer advance payments and asset-level, non-recourse GPU\nfinancing \n\nAbout Alpha Compute Corp. \n\nAlpha Compute Corp. (Nasdaq: ALP) is a vertically integrated technology\ncompany delivering Sovereign Superintelligence. Alpha Compute's mission is to\nempower clients, subsidiaries, and partners across critical sectors, including\nfinance, defense, intelligence, and media with the essential framework\nrequired for secure, confidential computing environments. Alpha Compute\noperates globally with offices in New York, Los Angeles, Miami, Amsterdam, and\nToronto. Alpha Compute is a founding partner of the Right2Compute Coalition. \n\nFor more information, please visit www.alphacompute.ai or\nwww.right2compute.com.\n\nForward-Looking Statements \n\nThis press release contains forward-looking statements within the meaning of\napplicable securities laws. All statements other than statements of historical\nfact, including those preceded by, followed by, or incorporating words such as\n\"believes,\" \"expects,\" \"anticipates,\" \"intends,\" \"estimates,\" \"projects,\"\n\"plans,\" \"may,\" \"will,\" \"potential,\" \"continues,\" or similar expressions, are\nforward-looking statements. Forward-looking statements in this release\ninclude, without limitation, statements regarding the signing and terms of the\ndefinitive Master Services Agreement; receipt of the advance payments; the\ntargeted delivery and start of service of the ALPHA-03 cluster; revenue\nexpected under the definitive agreement; the cost and financing of the\nALPHA-03 build; and the Company's broader expansion and operating strategy. \n\nThese statements are not guarantees of future performance and involve known\nand unknown risks, uncertainties, and other factors that may cause actual\nresults to differ materially from those expressed or implied, including: the\nrisk that the definitive agreement is not signed, or is signed on different\nterms; delays in hardware supply, liquid-cooling equipment, installation,\nnetwork commissioning, or acceptance testing; the customer's termination and\nother rights; the Company's reliance on a single customer for the ALPHA-03\ncluster and that customer's ability to pay; the availability and terms of\nfinancing, including any issuance of equity; reliance on third-party suppliers\nand data center operators; changes in demand for AI computing; regulatory\ndevelopments; and general economic and market conditions. A more complete\ndiscussion of these risks is set forth under \"Item 3 - Key Information - Risk\nFactors\" in the Company's Annual Report on Form 20-F for the year ended March\n31, 2026, as amended, and in its subsequent reports on Form 6-K furnished to\nthe U.S. Securities and Exchange Commission. \n\nUndue reliance should not be placed on these forward-looking statements. The\nforward-looking statements contained herein are made as of the date of this\npress release, and the Company undertakes no obligation to update or revise\nthem publicly, except as required by law. \n\nAll trademarks are the property of their respective owners. \n\nInvestor & Media Contact \n\nAlpha Compute Corp \nir@alphacompute.ai \nwww.alphacompute.ai \n\n\nir(at)alphacompute.ai","article_body_html":"","raw_payload":{"data":{"id":"nGNEccnhZD-20261014","title":"Alpha Compute Signs Binding GPU Contract, Leasing ALPHA-03 cluster under Four-Year, $81.7 Million Agreement in its Missouri Superintelligence Factory","author":"Globe Newswire","ticker":"ALP","created":"2026-10-14T11:00:00.368Z","tickers":["ALP"],"exchange":"NASDAQ","article_body":"Billion-dollar AI compute marketplace takes ALPHA-03 cluster’s 592\nliquid-cooled NVIDIA B300 GPUs, prepaying 25%, $20.2 million\n\nNew York, NY, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq:\nALP) (\"Alpha Compute\" or the \"Company\"), a pioneering technology leader in\nSovereign Superintelligence, today announced that it has signed a binding\ncontract with a billion-dollar AI compute marketplace for a four-year, $81.7\nmillion AI compute agreement. The agreement covers all 592 liquid-cooled\nNVIDIA B300 GPUs of the Company’s ALPHA-03 cluster in Missouri, USA with\ndelivery targeted by early Q1 2027. The customer has paid a $1.0 million data\ncenter booking deposit. \n\nThe customer is a venture-backed AI compute marketplace. According to the\nclient, it was valued at more than $1 billion in a recent funding round and\nserves more than 100 AI customers. \n\nUnder the contract, the customer has committed to the cluster for an initial\nterm of 48 months, with fees payable whether or not it uses the capacity. The\nagreement is worth approximately $20.2 million a year in recurring revenue.\nThe customer has agreed to pay 25% of the contract value, or $20.2 million, in\nadvance, with 20%, or $16.1 million, due at signing and 5% due on delivery. \n\nALPHA-03 will run in Missouri, USA under an agreement the Company has signed\nfor 1.3 megawatts of liquid-cooled data center capacity. The cluster adds 16\nhot-spare GPUs to the 576 covered by the agreement. ALPHA-03 is the Company's\nfirst contracted GPU cluster in the United States, following ALPHA-01 in\nCanada and ALPHA-02 in Sweden. \n\n\"A venture-backed AI compute marketplace has signed a binding four-year\ncontract for all of ALPHA-03 and paid a deposit,\" said Brittany Kaiser, Chief\nExecutive Officer of Alpha Compute. \"ALPHA-03 will be the largest contract so\nfar, as we grow this business globally.\" \n\n\"ALPHA-03 will dedicate 592 liquid-cooled B300 GPUs to one customer for four\nyears,\" said Yury Mitin, Chief Business Development Officer of Alpha Compute.\n\"The 25% advance will equal a full year of fees,\" he added.\n\nTRANSACTION HIGHLIGHTS \n\n- Agreement: Binding contract signed October 9, 2026 \n- Customer: A venture-backed AI compute marketplace valued at more than $1\nbillion\n - Initial term: 48 months from delivery date  \n- Total Contract Value (TCV): $81,732,160 \n- Annual recurring revenue: $20,183,040 \n- Advance payments: $21,183,040, or 25% of TCV \n- GPUs: 576 NVIDIA B300 GPUs, liquid-cooled, plus 16 hot spares, totalling 592\nGPUs \n- Data center: Missouri, USA, 1.3 MW of liquid-cooled capacity under a signed\nagreement \n- Delivery: Early Q1 2027 \n- Funding: Customer advance payments and asset-level, non-recourse GPU\nfinancing \n\nAbout Alpha Compute Corp. \n\nAlpha Compute Corp. (Nasdaq: ALP) is a vertically integrated technology\ncompany delivering Sovereign Superintelligence. Alpha Compute's mission is to\nempower clients, subsidiaries, and partners across critical sectors, including\nfinance, defense, intelligence, and media with the essential framework\nrequired for secure, confidential computing environments. Alpha Compute\noperates globally with offices in New York, Los Angeles, Miami, Amsterdam, and\nToronto. Alpha Compute is a founding partner of the Right2Compute Coalition. \n\nFor more information, please visit www.alphacompute.ai or\nwww.right2compute.com.\n\nForward-Looking Statements \n\nThis press release contains forward-looking statements within the meaning of\napplicable securities laws. All statements other than statements of historical\nfact, including those preceded by, followed by, or incorporating words such as\n\"believes,\" \"expects,\" \"anticipates,\" \"intends,\" \"estimates,\" \"projects,\"\n\"plans,\" \"may,\" \"will,\" \"potential,\" \"continues,\" or similar expressions, are\nforward-looking statements. Forward-looking statements in this release\ninclude, without limitation, statements regarding the signing and terms of the\ndefinitive Master Services Agreement; receipt of the advance payments; the\ntargeted delivery and start of service of the ALPHA-03 cluster; revenue\nexpected under the definitive agreement; the cost and financing of the\nALPHA-03 build; and the Company's broader expansion and operating strategy. \n\nThese statements are not guarantees of future performance and involve known\nand unknown risks, uncertainties, and other factors that may cause actual\nresults to differ materially from those expressed or implied, including: the\nrisk that the definitive agreement is not signed, or is signed on different\nterms; delays in hardware supply, liquid-cooling equipment, installation,\nnetwork commissioning, or acceptance testing; the customer's termination and\nother rights; the Company's reliance on a single customer for the ALPHA-03\ncluster and that customer's ability to pay; the availability and terms of\nfinancing, including any issuance of equity; reliance on third-party suppliers\nand data center operators; changes in demand for AI computing; regulatory\ndevelopments; and general economic and market conditions. A more complete\ndiscussion of these risks is set forth under \"Item 3 - Key Information - Risk\nFactors\" in the Company's Annual Report on Form 20-F for the year ended March\n31, 2026, as amended, and in its subsequent reports on Form 6-K furnished to\nthe U.S. Securities and Exchange Commission. \n\nUndue reliance should not be placed on these forward-looking statements. The\nforward-looking statements contained herein are made as of the date of this\npress release, and the Company undertakes no obligation to update or revise\nthem publicly, except as required by law. \n\nAll trademarks are the property of their respective owners. \n\nInvestor & Media Contact \n\nAlpha Compute Corp \nir@alphacompute.ai \nwww.alphacompute.ai \n\n\nir(at)alphacompute.ai"},"type":"article","timestamp":"2026-10-14T11:00:00.521235504Z","server_sent_at_ms":1791975600521},"received_at":"2026-10-14T11:00:00.572Z","source_url":null},"analysis":{"id":"156905","press_release_id":"168640","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["single-customer concentration for the entire ALPHA-03 cluster","delivery not until early Q1 2027; definitive Master Services Agreement still pending per forward-looking statements","financing relies on customer advances and asset-level, non-recourse GPU financing"],"eventType":"operations_update","narrative":"Alpha Compute signed a binding four-year, $81.7 million contract with a venture-backed AI compute marketplace valued at over $1 billion for the full ALPHA-03 cluster of 592 liquid-cooled NVIDIA B300 GPUs in Missouri.\n\nThe customer has paid a $1.0 million booking deposit and will prepay 25% of contract value, generating roughly $20.2 million in annual recurring revenue, with fees payable whether or not capacity is used.\n\nDelivery is targeted for early Q1 2027 under 1.3 megawatts of liquid-cooled data center capacity; this is the company's first contracted US GPU cluster, following ALPHA-01 in Canada and ALPHA-02 in Sweden.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Fully sold-out US cluster with four-year prepaid take-or-pay revenue validates Alpha Compute's superintelligence-factory model."},"keyFigures":{"customDimensions":{"tcv":81732160,"gpu_count":592,"advance_payment":21183040,"booking_deposit":1000000,"contract_term_months":48,"advance_due_at_signing":16100000,"data_center_capacity_mw":1.3,"annual_recurring_revenue":20183040}},"quotedText":"\"ALPHA-03 will dedicate 592 liquid-cooled B300 GPUs to one customer for four years,\" said Yury Mitin, Chief Business Development Officer of Alpha Compute. \"The 25% advance will equal a full year of fees,\" he added.","namedEntities":{"people":[{"name":"Brittany Kaiser","role":"CEO"},{"name":"Yury Mitin","role":"Chief Business Development Officer"}],"products":["ALPHA-03","NVIDIA B300 GPUs","ALPHA-01","ALPHA-02"],"companies":[{"name":"Alpha Compute Corp.","ticker":"ALP","relationship":"filer"},{"name":"Unnamed venture-backed AI compute marketplace valued over $1 billion","relationship":"customer"}],"dollarAmounts":[{"amount":"$81.7 million","context":"four-year total contract value"},{"amount":"$20.2 million","context":"annual recurring revenue and 25% advance payment"},{"amount":"$16.1 million","context":"advance due at signing"},{"amount":"$1.0 million","context":"data center booking deposit"},{"amount":"$1 billion","context":"customer valuation in recent funding round"}]},"materialImpact":{"score":4,"reasoning":"A binding four-year, $81.7M contract covering the entire ALPHA-03 cluster with 25% prepaid is a major commercial win and the company's first contracted US GPU cluster. It substantially de-risks the build, though delivery is not until early Q1 2027."},"tickerRelevance":{"others":[],"primary":"ALP"},"globalImportance":35,"audienceRelevance":30,"eventTypeSecondary":["partnership"],"importanceComponents":{"dealSize":"$81.7M TCV","tickerTier":"small-cap","eventGravity":"binding multi-year contract win","customerConcentrationRisk":true}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":4,"narrative":"Alpha Compute signed a binding four-year, $81.7 million contract with a venture-backed AI compute marketplace valued at over $1 billion for the full ALPHA-03 cluster of 592 liquid-cooled NVIDIA B300 GPUs in Missouri.\n\nThe customer has paid a $1.0 million booking deposit and will prepay 25% of contract value, generating roughly $20.2 million in annual recurring revenue, with fees payable whether or not capacity is used.\n\nDelivery is targeted for early Q1 2027 under 1.3 megawatts of liquid-cooled data center capacity; this is the company's first contracted US GPU cluster, following ALPHA-01 in Canada and ALPHA-02 in Sweden.","key_figures":{"customDimensions":{"tcv":81732160,"gpu_count":592,"advance_payment":21183040,"booking_deposit":1000000,"contract_term_months":48,"advance_due_at_signing":16100000,"data_center_capacity_mw":1.3,"annual_recurring_revenue":20183040}},"named_entities":{"people":[{"name":"Brittany Kaiser","role":"CEO"},{"name":"Yury Mitin","role":"Chief Business Development Officer"}],"products":["ALPHA-03","NVIDIA B300 GPUs","ALPHA-01","ALPHA-02"],"companies":[{"name":"Alpha Compute Corp.","ticker":"ALP","relationship":"filer"},{"name":"Unnamed venture-backed AI compute marketplace valued over $1 billion","relationship":"customer"}],"dollarAmounts":[{"amount":"$81.7 million","context":"four-year total contract value"},{"amount":"$20.2 million","context":"annual recurring revenue and 25% advance payment"},{"amount":"$16.1 million","context":"advance due at signing"},{"amount":"$1.0 million","context":"data center booking deposit"},{"amount":"$1 billion","context":"customer valuation in recent funding round"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T11:00:06.681Z","global_importance":35,"audience_relevance":30,"importance_components":{"dealSize":"$81.7M TCV","tickerTier":"small-cap","eventGravity":"binding multi-year contract win","customerConcentrationRisk":true}},"durationMs":6089,"modelName":"glm-5.3-flashx"}}