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Alpha Compute signs $71.9M compute capacity contract

The agreement is expected to bring Alpha Compute's projected annual revenue to $47 million, including $24 million in new annual contracted revenue.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

Alpha Compute Corp. (ALP) signed a binding contract on September 30, 2026, for its ALPHA-02 cluster, with a total contract value of $71.9 million. The agreement covers delivery of NVIDIA B300 GPU compute capacity at a data center in Sweden powered by 100% hydropower. The company described it as an offtake agreement signed ahead of the cluster’s full deployment.

The agreement is expected to add $24 million in new annual contracted revenue, bringing the company’s projected annual revenue to $47 million. The contract is described as binding, while the revenue figures are expected and projected amounts.

1 point · 1 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major point. Forward-looking: it has not happened yet and may not happen.$24 million in expected annual contracted revenue from the ALPHA-02 agreement.

Negative

  • None.

Filing Explained

This 6-K and its attached exhibit become part of Alpha Compute’s listed S-8 and F-3 registration statements as of October 6, 2026, unless later filings or reports supersede them; the incorporated material includes the contract announcement.

Total contract value $71.9 million Binding contract for the ALPHA-02 cluster
New annual contracted revenue $24 million Expected from the ALPHA-02 agreement
Projected annual revenue $47 million Company projection following the agreement
Hydropower 100% Powering the data center in Sweden
offtake agreement financial
"binding offtake agreement"
A contract in which a buyer commits to purchase a set portion or percentage of a producer’s future output—such as minerals, energy, agricultural goods, or manufactured products—often over a multi‑year period. It matters to investors because it creates predictable sales and cash flow, reduces the risk of unsold inventory, and can make projects easier to finance; think of it like pre‑selling future harvests or securing long‑term customers before production begins.
annual contracted revenue financial
"new annual contracted revenue"
GPU deployment technical
"NVIDIA B300 GPU deployment"
AI training and inference workloads technical
"accelerate high-density AI training and inference workloads"
AI training workloads are the computing tasks that teach an artificial intelligence system by processing large amounts of data, like tutoring a student until it learns a skill; inference workloads are the tasks where the trained system applies that skill to make predictions or decisions in real time, like answering questions or classifying images. Investors care because training drives demand and cost for high-performance hardware and data centers, while inference determines how efficiently AI services scale, generate revenue, and affect ongoing operating expenses.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Alpha Compute's ALP ALPHA-02 contract worth?

Alpha Compute's ALPHA-02 contract has a total value of $71.9 million. The binding contract was signed on September 30, 2026, for the cluster's deployment in Sweden.

How much annual revenue is ALP's ALPHA-02 deal expected to add?

The agreement is expected to add $24 million in new annual contracted revenue, bringing Alpha Compute's projected annual revenue to $47 million.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 001-40086

Alpha Compute Corp
(Translation of registrant's name into English)

Clarence Thomas Building, P.O. Box 4649, Road Town, Tortola, British Virgin Islands, VG1110
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

 

 

INCORPORATION BY REFERENCE

 

This report on Form 6-K (including any exhibits attached hereto) shall be deemed to be incorporated by reference into the registration statements on Form S-8 (File Nos. 333-275842 and 333-289199) and Form F-3 (File Nos. 333-286961, 333-290827, 333-291341 and 333-291921) of Alpha Compute Corp (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. 

 

 

 

 

 

On October 6, 2026, Alpha Compute Corp (the "Company") announced the signing of a binding contract signed on September 30, 2026 for its ALPHA-02 cluster, delivering a state-of-the-art high density NVIDIA B300 GPU deployment located in a 100% hydropowered data center in Sweden. The total contract value is $71.9 million and is expected to add $24 million in new annual contracted revenue to the Company. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference.

 

 

 

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 6, 2026
 
Alpha Compute Corp  
 
By: /s/ Brittany Kaiser                           
      Brittany Kaiser
      Chief Executive Officer
      
 
 
 

EXHIBIT 99.1

Alpha Compute Corp. Signs Agreement with AI Platform to deliver Compute via its ALPHA-02 Cluster in Sweden, with a total value of $71.9 Million

The Master Services Agreement is expected to add $24 million in new annual contracted revenue bringing the Company’s projected annual revenue to $47 million.

DOVER, Delaware, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a vertically integrated leader in Sovereign Super Intelligence, today announced the signing of a binding contract on September 30, 2026 for its ALPHA-02 cluster, delivering a state-of-the-art high density NVIDIA B300 GPU deployment located in a 100% hydropowered data center in Sweden.

The ALPHA-02 cluster delivers next-generation NVIDIA B300 compute capacity, purpose-built to accelerate high-density AI training and inference workloads. Securing this binding offtake agreement ahead of the cluster's full deployment secures long-term utilization and highlights the sustained, escalating enterprise demand for sovereign, high-performance computing.

"Signing this agreement reflects our commitment to working closely with our clients to deliver tailored high-performance compute solutions that meet every technical and operational requirement," said Yury Mitin, Chief Business Development Officer at Alpha Compute.

"Signing two major contracts over the past two quarters highlights the tremendous dedication and operational excellence of our team and key partners," said Brittany Kaiser, Chief Executive Officer. "By combining seamless delivery with deep technical capabilities, we ensure our clients receive the enterprise-grade performance and reliability required for their most demanding AI workloads."

About Alpha Compute Corp.
Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated technology company delivering High Performance Computing (HPC) and AI Confidential Compute. Alpha Compute’s mission is to empower clients, subsidiaries, and partners across critical sectors, including finance, defense, intelligence, and media with the essential framework required for secure, confidential computing environments. Alpha Compute operates globally with offices in New York, Los Angeles, Miami, Amsterdam, and Toronto. Alpha Compute is a proud founding partner of the Right2Compute Coalition. 

For more information, please visit www.alphacompute.ai or www.right2compute.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. All statements other than statements of historical fact including those preceded by, followed by, or incorporating words such as "believes," "expects," "anticipates," "intends," "estimates," "projects," "plans," "may," "will," "potential," "continues," or similar expressions are forward-looking statements. Forward-looking statements in this release include, without limitation, statements regarding the expected revenue, financial projections, and economic impact of the ALPHA-02 offtake agreement; the anticipated timeline, performance, and capabilities of the ALPHA-02 and ALPHA-01 clusters; expected enterprise demand for high-density AI compute capacity; and Alpha Compute’s broader expansion and operational strategy across North America and Europe.

These statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Risks include, but are not limited to: supply chain disruptions affecting hardware delivery and deployment; changes in enterprise demand for AI computing; delays in infrastructure buildouts; regulatory developments regarding AI and data sovereignty; and general economic conditions. Alpha Compute expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law.

Investor & Media Contact
Alpha Compute Corp.
ir@alphacompute.ai
www.alphacompute.ai

ir@alphacompute.ai

Filing Exhibits & Attachments

1 document

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