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AlphaTON Capital looks to raise $43 million to bolster Telegram’s Cocoon AI infrastructure

The Block
AlphaTON Capital is partnering with Vertical Data Inc. to secure $43 million for expanding its Cocoon AI infrastructure using advanced NVIDIA GPU hardware.

Summary

AlphaTON Capital has announced a $43 million financing deal with Vertical Data Inc. to scale its AI infrastructure, which is expected to close in Q2 2026. The investment will support the deployment of advanced NVIDIA B300 GPUs to enhance the company's compute capacity. This initiative focuses on the convergence of AI, digital assets, and confidential compute, specifically bolstering Telegram’s Cocoon AI platform within the TON ecosystem.

(Source:The Block)