AlphaTON Capital Strikes $68M Deal For 1,000-Plus Nvidia B200 GPUs

AlphaTON Capital Corp. (ATON) said on Wednesday that it has entered into agreements to acquire and deploy a 1,000-plus Nvidia B200 Graphics Processing Unit (GPU) high-performance compute cluster valued at about $68 million. 

The company said that this investment positions AlphaTON as a critical compute provider for Telegram’s Cocoon AI, a decentralized, privacy-preserving artificial intelligence network, while creating a diversified revenue stream through high-performance compute and GPU rental services.

However, shares of AlphaTON were down nearly 15% in early trading after the company on November 25 filed with the SEC a prospectus supplement for the offer and sale of up to $15.31 million of its shares.

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