Alpha Compute Corp. (Nasdaq: ALP), a pioneer in confidential AI computing and GPU-as-a-Service (GPUaaS), today announced the signing of a binding term sheet for a $31.9 million non-recourse loan secured by Nvidia B300 graphics processing units (GPUs). The transaction marks an important step in the company’s strategy to scale its AI computing capabilities while optimizing its capital structure.
The signed term sheet, entered into with an undisclosed institutional lender, establishes the parameters of a structured credit facility. In this installation, the warranty is strictly limited to the underlying Nvidia GPU assets and construction of the installation. Given the non-recourse nature of the financing, the lender’s remedies in the event of default are exclusively limited to the pledged equipment, excluding any recourse to other assets, equity or the general solvency of the Company.
Strategic importance
“This facility represents a disciplined and innovative approach to financing the construction of our AI infrastructure,” said Brittany Kaiser, chief executive officer of Alpha Compute. “By leveraging the intrinsic and growing asset value of Nvidia GPUs as collateral, we are able to increase our compute capacity in a capital-efficient manner, while preserving the flexibility of our broader balance sheet. Non-recourse GPU financing is quickly emerging as a preferred instrument for AI-native companies, and we are pleased to be at the forefront of this market.
Proceeds from the facility are expected to be used for AI infrastructure, data center expansion and networking, supporting Alpha Compute’s long-term growth initiatives.
Transaction Highlights
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Facility size: $31.9 million
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Structure: Senior secured non-recourse loan facility
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Warranty: Dell B300 Nvidia GPU
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Status: Binding terms executed; final documentation in progress
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Use of profits: purchase and installation of AI infrastructure
About Alpha Compute Corp.
Alpha Compute Corp. (NASDAQ: ALP), formerly AlphaTON Capital Corp. (NASDAQ: ATON), owns and operates AI infrastructure powered by confidential computing and hardware-level encryption. Alpha Compute GPU assets provide privacy-preserving computation to partners and applications, including Telegram, Animoca Brands, and Midnight Network.
Learn more at alphacompute.ai.
Forward-looking statements
All statements contained in this press release, other than statements of historical fact, including, without limitation, statements regarding the Company’s business strategy, management’s plans and objectives for future operations and statements preceded, followed by or otherwise including the words “believe”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “plans”, “potential”, “continue”, or similar expressions or variations of these expressions are forward-looking statements. Forward-looking statements include statements regarding, among other things, the Company’s projections regarding the deployment of its AI infrastructure expansion; the Company’s expectations that its partnerships will create additional revenue streams and vertically integrate into the Company’s Confidential Compute AI infrastructure; the Company’s belief that the assets it constructs will generate significant value over the long term; and other statements that are not historical facts. Accordingly, forward-looking statements are subject to certain risks and uncertainties, including, but not limited to: the timing, progress and results of the Company’s strategic initiatives, the Company’s dependence on third parties, the risk that the Company may not obtain additional financing or TON, the uncertainty of the Company’s investment in TON, uncertainty around the Company’s historical operations, the Company’s operating strategy, the Company’s management team, risks related to the Telegram platform and ecosystem, the potential impact of markets and other general economic conditions and other factors set forth in “Item 3 – Key Information – Risk Factors” of the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2025 and included in the Company’s Form 6-K filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed thereon as actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
Investor relations:
Alpha Compute Corp.
(email protected)
(203) 682-8200
