New ticker NASDAQ: Alpha’s “ALP” represents the company’s strategic focus on scalable AI Confidential Computing infrastructure for success in AI Confidential Computing for Telegram and other clients
ROAD TOWN, TORTOLA, British Virgin Islands, April 20, 2026 (Globe Newswire) — Alpha Compute Corp. (NASDAQ: ALP) (formerly AlphaTON Capital Corp., NASDAQ: ATON) (“Alpha Compute” or the “Company”), a technology leader in AI GPU-as-a-service (GPUaaS) and AI Confidential Compute, announced today that AlphaTON Capital Corp. Alpha Computing Co., Ltd.the common stock is trading under the new ticker symbol “Alp” on the Nasdaq stock market. This rebrand reflects the company’s accelerated strategic growth and market demand for scalable AI computing infrastructure, with privacy-preserving confidential computing at its core.
Rebranding to reflect the company’s true mission
The name Alpha Compute signals the company’s intention to lead the global race to build the AI infrastructure of the future. As artificial intelligence reshapes the way the world stores, processes, and monetizes data, it is structuring the demand for sovereign, privacy-first computing. Alpha Compute was built specifically for this moment.
“This rebrand is not cosmetic, it’s structural,” he said. Brittany Kaiser, CEO, Alpha Compute Corp. “From the moment I wrote it targeted And as the first person to testify before Congress on data rights, my mission was to ensure that the future of technology was built on privacy by design, not just policies and promises. Alpha Compute is the culmination of that mission. A publicly traded infrastructure company that provides trusted computing for the world’s most sensitive AI workloads. We are entering the fastest growing industry in history, and we intend to lead it. ”
Fastest growing global industry
The global AI market was valued at approximately $390 billion in 2025 and is projected to reach $3.5 trillion by 2033 (Grand View Research, 2025), growing at a compound annual growth rate of over 30%. Global AI spending is expected to exceed $2.52 trillion in 2026 alone, an increase of 44% year over year (Gartner Group, 2025). The AI chip market will have a revenue of $200 billion in 2025, and the same-generation NVIDIA Blackwell architecture powers Alpha Compute’s infrastructure and drove much of that growth. NVIDIA’s fiscal year 2026 revenue reached $215.9 billion, up 65% year over year (Source: Nvidia press release)This highlights the continued demand for advanced GPU computing.
Over 70% of enterprise AI workloads will require AI confidential computing
Within this market, confidential computing is one of the fastest growing and most valuable segments. Healthcare, financial services, government, and defense companies spend more than $2 trillion annually on IT (Gartner)you can’t rely on standard cloud infrastructure for your most sensitive AI workloads. Alpha Compute solves this problem by using infrastructure that is privatized through an encrypted architecture rather than promises.
Convergence trends represent important market signals. Operationally, sensitive computing is moving from a standalone market to an embedded security layer within the broader Secure AI Cloud stack. By 2026, over 70% of enterprise AI workloads will incorporate sensitive data, accelerating demand for secure AI infrastructure (Fortune Business Insights). Therefore, the addressable opportunity is more precisely defined as a segment of the cloud AI market, particularly where workload migration is constrained by stringent security and data sovereignty mandates.
Regulatory pressure has been a powerful catalyst. The escalating use of AI within the enterprise is raising significant data sovereignty concerns, as current infrastructure designs have difficulty providing the necessary assurances for regulated and sensitive workloads. According to reports computer weeklythe implementation of the EU AI Act of 2026, the updated FedRAMP 20x requirements, and the confluence of various national data storage laws are creating a procurement cycle that is not just an opportunism, but a necessity.
What Alpha Compute offers
Under its new identity, Alpha Compute will operate as an integrated AI computing infrastructure company, offering:
Sensitive AI computing Through a hardware-enforced Trusted Execution Environment (TEE) and NVIDIA Blackwell generation GPU clusters (B200 and B300 architectures), your data remains encrypted in use, in transit, and at rest.
Sovereign AI Infrastructure This enables enterprise clients, government agencies, and regulated industries to run AI workloads without surrendering data sovereignty to hyperscale cloud providers.
Introducing scalable GPUs Through Alpha Compute and its subsidiaries, we have an operational infrastructure backed by binding agreements to deploy over 1,000 Blackwell generation GPUs.
Privacy-native AI ecosystem Supporting partners like Telegram, Midnight, and Animoca Brands are building the next generation of secure applications for the world’s most sensitive data and users.
“Our efforts leading up to this pivotal moment have been defined by a comprehensive infrastructure build over the past six months, particularly developing core firmware for Telegram’s Cocoon AI launch and securing hardware-level encryption on the B300. Our work is broad-based, covering GPU procurement, data center colocation, confidential computing architectures, and robust partner ecosystem development. Alpha Compute is positioning itself as an expert, scalable AI computing company that capitalizes on generational market changes by providing reliable independence and protecting data from the growing number of hyperscalers’ breaches. ”- Enzo Villani, Executive Chairman and CIO, Alpha Compute Corp.
strategic continuity
The rebranding does not change our corporate structure, domicile or existing contractual obligations. All existing agreements, including our binding lease on NVIDIA B200 and purchase of B300 GPU servers, our $43 million AI infrastructure and financing partnership with Vertical Data Inc., our acquisition of GAMEE, our infrastructure support for Telegram’s Cocoon AI, and our digital asset holdings, remain in full force and effect under the Alpha Compute Corp. entity. Our existing stockholders are not required to take any action with respect to the ticker or name change.
Investors and analysts will need to update their records to reflect the new ticker symbol. A.L.P. It goes into effect today on the Nasdaq stock market.
Board of Directors and Executive Officers
Enzo Villani, Chairman and Chief Investment Officer
Brittany Kaiser, Director and Chief Executive Officer, Governance and Nominating Committee Chair
Michael Terpin, Independent Director, Audit Committee, Corporate Governance Committee
F. Daniel Siciliano, Independent Director, Audit Committee Chairman, Corporate Governance Committee Chairman
Wes Levitt, Chief Financial Officer
Yury Mitin, Chief Business Development Officer
About Alpha Compute Corp.
Alpha Compute Corp. (NASDAQ: ALP), formerly AlphaTON Capital Corp. (NASDAQ: ATON), owns and operates AI infrastructure that utilizes confidential computing and hardware-level encryption. Alpha Compute’s GPU assets provide privacy-preserving computation for partners and applications such as Telegram, Animoca Brands, and Midnight Network. Learn more here alphacomputing.ai.
Forward-looking statements
Statements regarding our business strategy, management plans and objectives for future operations and “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “plan,” “could,” or “continue.” All statements in this press release, other than statements of historical fact, including statements that include, precede, or otherwise contain “”, or similar expressions or variations of such expressions, are forward-looking statements. Forward-looking statements include, among other things, statements regarding our expectations regarding the deployment of our AI infrastructure. our expectation that the partnership will generate additional revenue streams and be vertically integrated into our Confidential Compute AI infrastructure; Our belief that the assets we are building create significant value over the long term. Other statements that are not historical facts. As a result, forward-looking statements are subject to certain risks and uncertainties, including, without limitation, the timing, progress and results of our strategic initiatives, our dependence on third parties, the risk that we will not be able to secure additional financing or TON, the uncertainty of our investment in TON, uncertainties surrounding our traditional business, risks and potential impacts from our operating strategy, our management team, the Telegram platform and ecosystem. Market and other general economic conditions and other factors described under “Item 3 – Key Information Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended March 31, 2025 are included in the Company’s Form 6-K filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026. Although we believe that the expectations reflected in these forward-looking statements are reasonable, you should not place undue reliance on these forward-looking statements because actual results may differ materially from those in these forward-looking statements. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
