Alpha Compute Corp Announces $31.9 Million Non-Recourse GPU Financing for Nvidia B300 Acquisition

Alpha Compute Corp has executed a binding term sheet for a $31.9 million non-recourse loan facility to finance the acquisition of Nvidia B300 GPUs. The financing is secured exclusively by the GPU hardware assets, with no recourse to the company's other assets, equity, or general creditworthiness. The facility will support the company's AI infrastructure and data center expansion in Sweden, specifically for the Equinex/AtNorth data center build-out. The non-recourse structure allows Alpha Compute to scale its AI compute capabilities while preserving balance sheet flexibility. The company, which operates in AI Confidential Compute and GPU-as-a-Service, views this as a strategic milestone in optimizing its capital structure for growth. The definitive documentation is currently in process following the executed term sheet with an undisclosed institutional lender.