Alpha secures $31.9M financing backed by Nvidia B300 hardware assets
Alpha Compute announced a binding term sheet for a $31.9 million non‑recourse loan facility secured by NVIDIA B300 GPUs to fund AI infrastructure, data‑center expansion and networking. The financing is designed to scale Alpha Compute’s AI compute capacity while optimizing capital structure; Alpha Compute stock jumped premarket (reported +18.18% to $0.33). For NVIDIA (NVDA.OQ) the deal signals continued demand and secondary-market utility for B300 GPUs, supporting the broader NVIDIA ecosystem, though it is not a direct revenue event for NVIDIA. Market impact is likely modest for NVDA shares but positive for AI-infrastructure adoption and for Alpha Compute’s growth outlook.