Welcome to our dedicated page for Alpha Compute news (Ticker: ALP), a resource for investors and traders seeking the latest updates and insights on Alpha Compute stock.
Alpha Compute Corp. reports news about its AI GPU-as-a-service infrastructure, confidential-compute platform, NVIDIA GPU deployments, and financing arrangements tied to GPU hardware assets. Company updates also cover its completed rebrand from AlphaTON Capital Corp. to Alpha Compute Corp., the ALP Nasdaq ticker, advisory and governance developments, and infrastructure relationships supporting secure AI workloads.
Alpha Compute (NASDAQ: ALP) reported unaudited assets of $79.2M, liabilities of $44.4M (including $34.4M of GPU and data center leases), and equity of $34.8M as of June 4, 2026. Projected annualized revenue run-rate is about $23M, supported by a $32.2M, two-year GPU off-take deal and a live 504-GPU Canadian cluster.
The company completed a 60% acquisition of GAMEE at an implied $18M valuation, adding a platform with 120M registered users and 2025 revenue of $3.5M. Alpha Compute also launched its national “Own Your Data” campaign on CNBC, Fox Business News, and Newsmax and is building a second 576-GPU cluster in Sweden.
Alpha Compute (NASDAQ: ALP) closed a majority acquisition of gaming and digital rewards platform GAMEE, creating its new AI gaming division, Alpha Games. Alpha Compute acquired a 60% stake at an implied $18 million valuation, for up to $11 million in cash, shares, warrants and GMEE tokens.
GAMEE adds 120 million registered users, 1.7M MAUs, 150K DAUs and estimated 2025 revenue of $3.5 million, with Q1 2026 revenue of $926,000, up 56% year over year. Earn-outs over two years are tied to $1.2M and $1.6M EBITDA targets.
Alpha Compute (NASDAQ:ALP) closed a majority acquisition of gaming and digital rewards platform GAMEE, forming new division Alpha Games. Alpha Compute acquired a 60% stake at an implied $18 million valuation, with up to $11 million total consideration and a two-year standstill agreement with Animoca Brands.
GAMEE adds 120 million registered users, estimated 2025 revenue of $3.5 million, and Q1 2026 revenue of $926,000, up 56% year over year. Approximately 878 million GMEE tokens, valued around $1.83 million, were also transferred to Alpha Compute.
Alpha Compute (Nasdaq: ALP) issued a mid-Q2 2026 update highlighting its shift to revenue-generating AI GPU infrastructure.
The company secured a $32.2M, two-year contract, lifting annual contracted revenue to $16.1M, brought its first enterprise-scale Blackwell cluster (ALPHA-01) live, advanced ALPHA-02, and outlined the near-term closing of the GAMEE acquisition.
Alpha Compute reports $21M projected revenue over the next 12 months, a qualified sales pipeline above $200M, and cash of $10.2M against total assets of $66.9M.
Alpha Compute (ALP) signed a two-year, $32.2 million compute off-take lease with a leading frontier AI lab for its inaugural enterprise-scale NVIDIA B200 deployment in Canada.
The deal secures $16.1 million in Annual Recurring Revenue, a $7.5 million upfront payment, and dedicates 504 NVIDIA B200 GPUs powered by 100% hydroelectric energy.
Alpha Compute (NASDAQ: ALP) updates NVIDIA Blackwell GPU deployment timeline and roadmap. The company's first large-scale 504-chip B200 cluster in Canada (ALPHA-01) is in final testing with a targeted handover on May 8, 2026. A 576-chip B300 cluster in Sweden (ALPHA-02) targets June 2026.
Alpha Compute projects combined planned deployments to generate $72 million in annual revenue and reports pro forma balance-sheet projections at ALPHA-01 launch: assets $48.1M, liabilities $36.8M, equity $11.3M. Expansion ROFRs could scale each site above 1,000 GPUs in August–September 2026.
Alpha Compute (NASDAQ: ALP) updated that closing of its previously announced acquisition of a 60% controlling interest in GAMEE is now targeted for May 2026, pending completion of GAMEE’s 2025 audited financials. The deal values GAMEE at an $18 million enterprise valuation with up to $11 million total consideration including a two‑year, EBITDA‑contingent earn‑out. Alpha Compute confirmed a $1.00 per share reference price for the equity component at closing and highlighted GAMEE’s recent growth and planned integration with Alpha Compute’s GPU infrastructure.
Alpha Compute (NASDAQ: ALP) updated its planned acquisition of a 60% controlling interest in GAMEE, confirming closing is now expected in May 2026 pending completion of GAMEE’s 2025 financial audit. The deal values GAMEE at a $18 million enterprise valuation with total consideration of up to $11 million, including a two‑year performance‑linked earn‑out. Alpha Compute reaffirmed a $1.00 per‑share equity reference price at closing and cited GAMEE Q1 2026 momentum: estimated revenue $926,000 (56% YoY) and strong Telegram engagement.
Alpha Compute (Nasdaq: ALP) executed a binding term sheet on April 22, 2026 for a $31.9 million non-recourse senior secured loan facility collateralized by Dell B300 Nvidia GPUs. Proceeds are earmarked for AI infrastructure, data center build-out, and networking in support of scaling GPU-as-a-Service capacity.
The facility limits lender remedies to the pledged hardware and the facility build-out; definitive documentation is in process with an undisclosed institutional lender.
Alpha Compute (NASDAQ: ALP) appointed Tom Richer to its Advisory Board on April 21, 2026 to advise on GPU-as-a-Service, confidential cloud architecture, and enterprise go-to-market as the company scales secure AI compute.
Richer brings 30 years of enterprise infrastructure, multi-cloud and AI experience, founding Intelagen and holding senior roles at IBM, HP, Deloitte, and Wipro.