ALP Stock Catalyst: Alpha Compute Signs Two-Year, $32.2M Lease Agreement With AI Laboratory

Alpha Compute Corp (Nasdaq: ALP) announced a two-year lease agreement worth $32.2 million with an AI laboratory. This agreement marks Alpha Compute's first enterprise-scale deployment of the Nvidia B200 GPU. The deal includes an annual recurring revenue (ARR) of $16.1 million.

The total lease agreement amounts to $32.2 million over two years. The ARR component of the agreement is $16.1 million.

Alpha Compute Corp has a free float of 19,637,374 shares and 23,434,588 shares outstanding.

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