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AlphaTON Capital Corp Announces First Major Data Center Agreement with atNorth, Securing 2.2 MW of High-Performance Computing Capacity in Sweden
Globenewswire· 2025-12-11 19:44
Core Insights - AlphaTON Capital Corp has entered a five-year Enterprise Colocation Service Agreement with atNorth AB to establish decentralized AI infrastructure supporting the Telegram ecosystem [1][3] - The agreement includes an initial GPU deployment capacity of 2.2 MW, expandable to 4.3 MW, positioning AlphaTON to leverage the growing AI infrastructure-as-a-service market, projected to reach $247 billion by 2030 [3][4] Agreement Highlights - The 60-month agreement starts on February 1, 2026, and secures GPU deployment capacity expansion [3] - The initial capacity of 2.2 MW can be expanded to 4.3 MW, allowing for the deployment of thousands of enterprise-grade GPUs [3][5] - The infrastructure will support 2,000+ high-performance GPUs initially, with potential expansion to over 4,000 GPUs [6] Infrastructure Details - The facility is located at atNorth's Tier 3 certified SWE01 facility in Kista, Sweden, with a peak power capacity of 2,230 kW and a Right of First Refusal for an additional 2,100 kW [5][6] - The infrastructure features sustainable Nordic power with competitive Power Usage Effectiveness (PUE) ratings between 1.4-1.7 [5] - It includes robust N+1 redundancy to support mission-critical computing operations [5][6] Revenue Generation - The infrastructure will enable AlphaTON to generate revenue through AI-as-a-Service offerings for enterprise and developer customers, GPU compute marketplaces, and application-specific inference services [12] - The company aims to support Telegram's ecosystem of mini-apps and bots with high-performance computing services [12] Company Overview - AlphaTON Capital Corp is a leading technology public company scaling the Telegram super app, targeting an addressable market of 1 billion monthly active users [9] - The company employs a comprehensive M&A and treasury strategy, focusing on direct token acquisition and strategic ecosystem investments [9] - AlphaTON is also involved in drug development, targeting therapies for checkpoint resistance pathways [10]