Alpha Compute signs four-year $81.7 million AI compute contract for ALPHA-03 cluster
ALP•Alpha Compute signed a binding four-year AI compute contract valued at $81.73 million for its ALPHA-03 GPU cluster. The customer committed to all 592 GPUs, with delivery targeted for early Q1 2027 and annual recurring revenue of $20.18 million.
1. Contract details
A venture-backed AI compute marketplace committed to all 592 liquid-cooled Nvidia B300 GPUs at a Missouri data center. The 48-month contract begins upon delivery, targeted for early Q1 2027, and is expected to generate $20.18 million in annual recurring revenue. The customer paid a $1 million booking deposit, with advance payments totaling $21.18 million, including $16.1 million due at signing.
