Alpha Compute Amends Binding Term Sheet, Exclusive Option For Its Planned Natural Gas-Powered Data Center Campus In Pennsylvania; Sellers To Finance Remaining $47M Through Issuing Seller Note; Purchase Price Remains At $55M
Alpha Compute Corp. (NASDAQ:ALP) ("Alpha Compute" or the "Company"), a vertically integrated AI infrastructure company specializing in GPU-as-a-Service and AI Confidential Compute, today announced that
Alpha Compute changed the payment plan for its new data center in Pennsylvania. Instead of paying all the money upfront, the sellers will lend Alpha Compute $47 million, which helps the company get the project started.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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