AlphaTON signs $46 million computing power agreement to expand Cocoon AI deployment in the Telegram ecosystem
BlockBeats news, on January 13, TON token treasury company AlphaTON Capital Corp has signed a computing power infrastructure agreement totaling $46 million to expand its deployment scale on the Telegram-based decentralized AI network Cocoon AI. The agreement will introduce 576 NVIDIA B300 chips, scheduled for delivery in February, marking its first large-scale "confidential computing" deployment. The transaction structure includes $4 million in cash, $32.7 million in non-recourse debt financing, and $9.3 million in equity paid in installments. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave Chan Initiative exits Aave protocol due to governance disputes
Kashkari: More data needed to decide Federal Reserve rate actions
Williams: The primary reason for rate cuts is to keep the real interest rate unchanged
POWER team transfers $29 million in tokens, token price drops over 58.6% today
