Alpha Compute Targets May 8 Go-Live for 504-Chip GPU Cluster, Eyes $72M ARR
Alpha Compute’s first 504-chip NVIDIA B200 GPU cluster in Canada enters final testing, targeting May 8 handover and boosting annual assets to $48.1 million with $11.3 million equity. Roadmap includes a June go-live of 576 NVIDIA B300 GPUs in Sweden and expansions to 1,000+ GPUs, underpinning a $72 million ARR.
1. ALPHA-01 Canadian B200 Cluster
Alpha Compute’s inaugural large-scale deployment consists of 504 NVIDIA B200 GPUs hosted in a Canadian data center. The cluster entered final testing in late April after a four-week hardware delay and is slated for customer handover on May 8, 2026, marking the transition from testing to production.
2. ALPHA-02 Sweden B300 Cluster
A 576-chip NVIDIA B300 cluster is set to go live in June 2026 at Equinix’s AtNorth facility in Sweden. Bridge financing has been secured to fund this deployment, and a right-of-first-refusal enables expansion to over 1,000 B300 GPUs by September 2026.
3. Financial Outlook and Expansion Roadmap
Upon ALPHA-01 launch, the balance sheet will reflect $48.1 million in assets, $36.8 million in liabilities and $11.3 million in equity. Combined with planned ALPHA-03 (Canada expansion to 1,000+ B200s in August) and ALPHA-04 (Sweden expansion in September), the five-cluster buildout is projected to generate $72 million in annual recurring revenue.