Alpha Compute provides high-performance NVIDIA GPU hardware to power AI workloads through a GPU-as-a-Service model. The company acquires, deploys, and leases GPU clusters to enterprise clients, AI research labs, and government agencies under multi-year contracts. Its current infrastructure includes ALPHA-01, a cluster of 504 NVIDIA B200 GPUs in a Canadian data center that became operational in May 2026. A second cluster, ALPHA-02, comprising 576 NVIDIA B300 GPUs, is planned for a Swedish facility in Q3 2026. Alpha Compute specializes in confidential computing, using hardware-level encryption to protect sensitive data for customers in healthcare, finance, and defense. The business model relies on maintaining high utilization and lease rates to cover fixed colocation costs and hardware depreciation. To scale, Alpha Compute uses deposits and asset-backed, non-recourse financing to fund hardware purchases. The company’s history includes pivots from immuno-oncology and digital asset treasury operations to its current AI infrastructure focus. Growth plans involve forming a U.S. government contracting entity to pursue federal AI contracts and expanding sovereign infrastructure in the EU. Alpha Compute maintains residual exposure to the TON blockchain ecosystem and legacy biotech programs.