Dec 19, 2025 | Posted by Abdul-Rahman Oladimeji
AlphaTon Capital Corp has signed a data center leasing agreement for 2.2MW of capacity from atNorth for a data center in Sweden. AlphaTon is a technology company that says it "bridges institutional capital with the Telegram-based crypto ecosystem." However, it seems to be seeking to launch a GPU-as-a-Service offering.
Initially spanning 2.2MW, the contract has the potential for expansion to 4.3MW. AlphaTon will deploy thousands of "enterprise-grade" GPUs in multiple clusters in the data center and aims to capitalize on the AI infrastructure-as-a-service market.
"With Telegram's 1 billion monthly active users representing one of the largest addressable markets in technology, the computational demands for AI-powered services are immense. This facility gives us the capacity to scale rapidly while maintaining the performance and reliability standards required for mission-critical applications," said Enzo Villani, executive chairman and CIO of AlphaTON Capital.