AlphaTON Capital has rebranded as Alpha Compute Corp., now trading on Nasdaq under the ticker ALP. The move reflects its strategic pivot toward AI infrastructure and privacy-focused compute services. The company recently raised $44 million to expand its GPU deployment capabilities, aligning with growing demand for confidential AI workloads.

The rebrand coincides with Alpha Compute's rollout of scalable GPU services tailored for secure, privacy-sensitive applications. CEO Brittany Kaiser emphasized the shift toward sovereign AI infrastructure, positioning the firm as a key player in confidential compute solutions. This transition comes as the company faces a Nasdaq compliance notice after its stock price remained below $1 for 30 consecutive days.

Notably, Alpha Compute's infrastructure expansion supports emerging platforms like Telegram's Cocoon AI, highlighting its focus on high-privacy AI ecosystems. The Nasdaq-listed firm now centers its market narrative around GPU-as-a-service offerings for regulated industries and sensitive data environments.