Alpha Compute Corp. (formerly AlphaTON Capital Corp., NASDAQ: ATON) (“Alpha Compute” or the “Company”), a technology leader in GPU-as-a-service (GPUaaS) and AI Confidential Compute, today announced that it has been renamed AlphaTON Capital Corp. into Alpha Compute Corp., with its common stock trading under the new symbol “ALP” on the Nasdaq Stock Market. The rebrand reflects the company’s accelerated strategic growth and market demand for scalable AI computing infrastructure, with privacy-preserving confidential computing at its core.
Rebranding to reflect the company’s true mission
The name Alpha Compute speaks to the company’s intention to lead the global race to build the AI infrastructure of the future. As artificial intelligence reshapes the way the world stores, processes and monetizes data, the demand for sovereign, privacy-focused computing has become structural. Alpha Compute is designed specifically for this moment.
“This rebranding is not cosmetic, it is structural,” said Brittany Kaiser, CEO of Alpha Compute Corp. “From the moment I wrote Targeted and first testified before Congress and Parliament about data rights, my mission has been to ensure that the future of technology is built on privacy by design, not just policies and promises. Alpha Compute is the culmination of this mission: a publicly traded infrastructure company providing the world’s most sensitive AI workloads with reliable computing. We are entering the fastest growing industry in history and we intend to lead it.
The world’s fastest growing industry
The global AI market, valued at approximately $390 billion in 2025, is expected to reach $3.5 trillion by 2033 (Grandview Research, 2025), with compound annual growth of more than 30%. Global spending on AI is expected to exceed $2.52 trillion in 2026 alone, a 44% year-over-year increase (Gartner Group, 2025). AI chip market sales were expected to reach $200 billion in 2025, with the NVIDIA Blackwell architecture, the same generation powering Alpha Compute’s infrastructure, driving the majority of this growth. NVIDIA’s revenue for fiscal 2026 reached $215.9 billion, up 65% year-over-year (source: Nvidia press release), highlighting the relentless demand for advanced GPU computing.
More than 70% of enterprise AI workloads will require AI confidential computing
Within this market, confidential computing represents one of the fastest growing and highest value segments. Companies in healthcare, financial services, government and defense account for more than $2 trillion in combined annual IT spending (Gartner) and cannot rely on standard cloud infrastructure for their most sensitive AI workloads. Alpha Compute solves this problem with private infrastructure through encrypted architecture and not by promise.
The convergence trend represents the significant market signal. Operationally, the key driver is that confidential computing is moving from a standalone market to an integrated security layer within the broader Secure AI Cloud stack. By 2026, more than 70% of enterprise AI workloads will incorporate sensitive data, accelerating the demand for secure AI infrastructure (Fortune Business Insights). Therefore, the addressable opportunity is further defined as a segment of the cloud AI market, particularly where strict security and data sovereignty mandates limit workload migration.
Regulatory pressure has become an essential catalyst. The growing use of AI within businesses is raising major concerns about data sovereignty, as current infrastructure designs struggle to provide the necessary safeguards for regulated or sensitive workloads. As Computer Weekly reports, the confluence of EU AI law enforcement in 2026, updated FedRAMP 20x requirements, and various national data residency laws creates a mandatory, rather than merely opportunistic, procurement cycle.
What Alpha Compute offers
Under its new identity, Alpha Compute will operate as an integrated AI compute infrastructure company, providing:
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Confidential AI computing via hardware-enforced Trusted Execution Environments (TEEs) and NVIDIA Blackwell-generation GPU clusters (B200 and B300 architectures), ensuring data remains encrypted in use, in transit, and at rest.
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Sovereign AI infrastructure enabling enterprise customers, government entities, and regulated industries to run AI workloads without relinquishing data sovereignty to hyperscale cloud providers.
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Scalable GPU deployment through Alpha Compute and its subsidiaries, with operational infrastructure supported by binding agreements for the deployment of over 1,000 Blackwell generation GPUs.
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Privacy-friendly AI ecosystems that support partners like Telegram, Midnight, Animoca Brands and others to build secure, next-generation applications for the world’s most sensitive data and users.
“Our journey to this pivotal moment has been defined by fully building out the infrastructure over the past six months, particularly developing the base firmware for the launch of Telegram’s Cocoon AI and securing hardware-level encryption on the B300s. Our operations are broad, spanning GPU procurement, data center colocation, confidential computing architecture, and the development of a robust partner ecosystem. the growing encroachment of hyperscalers. » – Enzo Villani, Executive Chairman and CIO, Alpha Compute Corp.
Strategic continuity
The rebranding does not alter the Company’s corporate structure, legal domicile or existing contractual obligations. All existing agreements, including the company’s binding lease for NVIDIA B200s and purchase of B300 GPU servers, AI infrastructure and $43 million funding partnership with Vertical Data Inc., acquisition of GAMEE, infrastructure support for Telegram’s Cocoon AI and the company’s digital assets, remain in full force and effect under the Alpha Compute Corp entity. Existing shareholders of the Company are not required to take any action in connection with the ticker or name change.
Investors and analysts should update their records to reflect the new ALP ticker symbol effective today on the Nasdaq Stock Market.
Board of Directors and Officers
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Enzo Villani, Executive Chairman and Chief Investment Officer
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Brittany Kaiser, Board Member and Executive Director, Chair of the Governance and Nominating Committee
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Michael Terpin, independent member of the board of directors, audit committee, corporate governance committee
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F. Daniel Siciliano, independent director, chairman of the audit committee, chairman of the corporate governance committee
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Wes Levitt, CFO
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Yury Mitin, director of business development
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
Media inquiries:
Richard Laermer
RP RLM
(email protected)
(212) 741-5106 ext. 216
