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Alpha Compute signs $81.7M, 4-year GPU lease with billion-dollar AI marketplace in Missouri

Market News
14 Oct 2026
GlobeNewsWire
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Bullish
Alpha Compute signs $81.7M, 4-year GPU lease with billion-dollar AI marketplace in Missouri

Alpha Compute Corp. has secured a binding four-year, $81.7 million contract to lease its ALPHA-03 cluster of 592 liquid-cooled NVIDIA B300 GPUs to a venture-backed AI compute marketplace valued over $1 billion. The contract guarantees approximately $20.2 million in annual recurring revenue, with 25% prepaid by the customer. The cluster will be operational in Missouri by early Q1 2027, marking Alpha Compute's first U.S.-based GPU cluster lease. This deal strengthens Alpha Compute's global expansion in AI infrastructure services.

Alpha Compute's new GPU leasing contract provides context for technology sector activity. For readers following technology stocks, 55 out of 150 US stocks rose while 86 fell on Pluang. Notable movers include Western Digital Corp at USD 372.80 with a 2.08% decline and Appian Corp at USD 39.48 with a 1.99% gain, as of Oct 14, 2026 18:03 WIB.

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