ALP News & Events

Alpha Compute provided an update on the deployment status of its NVIDIA Blackwell GPU infrastructure, noting that once fully operational, the combined footprint of currently planned deployments is projected to generate $72M in annual revenue. The company confirmed that its first large-scale cluster, a 504-chip NVIDIA B200 server deployment located in Canada, is in final testing and targeted for handover to customers on May 8. The cluster was originally targeted for a March 31 launch but was pushed back due to supply-chain delays. Additionally, Alpha Compute announced it has secured a binding term sheet for bridge financing to fund its second major deployment in Sweden, targeted to go live in June. "The May 8 handover marks a pivotal milestone - the moment our infrastructure business moves from pipeline to production. Our machines are in final testing, and customers will be coming online shortly. We've been building secure infrastructure for frontier AI workloads, and that infrastructure is now reaching enterprise-scale deployments," said Brittany Kaiser, CEO.

Alpha Compute, formerly AlphaTON, provided an update on its previously announced acquisition of a 60% controlling interest in GAMEE, a mobile gaming platform and wholly owned subsidiary of Animoca Brands. The Company confirms that closing of the transaction is now expected in May, following the completion of GAMEE's 2025 annual financial audit, which is required as a condition to close. On March 19, AlphaTON Capital entered into a definitive Share Purchase Agreement to acquire a 60% controlling interest in GAMEE for total consideration of up to $11M, structured to include a performance-linked earn-out over two years. The transaction values GAMEE at an $18M enterprise valuation, incorporating EBITDA-contingent earn-outs designed to mitigate upfront consideration risk. Concurrent with signing, AlphaTON and Animoca Brands formalized a Strategic Alliance to identify and develop commercial opportunities across blockchain and social gaming. Alpha Compute confirms that the completion of the GAMEE acquisition, originally targeted for April, has been extended to May. The revised timeline reflects the time required to finalize GAMEE's 2025 annual financial audit, a customary closing condition under the terms of the Share Purchase Agreement. The Company does not anticipate any material impediments to closing and expects all remaining conditions to be satisfied in the ordinary course. Importantly, Alpha Compute shares will be valued at $1.00 per share at the time of closing, establishing a clear reference price for the equity component of the transaction consideration.