- Beat
- datacenters
- Researched · Fresh
- today
SF Compute is no longer a pure broker — it has become the Marriott of GPU clusters: by its own description outside capital owns the clusters and carries the depreciation (who owns the two new B300 clusters is not disclosed), while SFC builds, operates and leases them on multi-year paper ($245M across two 36-month agreements, announced 2026-09-10; take-or-pay-like by our reading, though the announcement never uses the term) and sells a resale option on top that it says returns 25% of spend. So th
The research around SF Compute
Covered in the Knowledge Base
Datacenters & Digital Infrastructure
Company details
| Industry | Cloud Computing |
Others in datacenters
5 namesWhere SF Compute sits against the other names we cover on this beat. Each line is that company’s verdict, not a summary of it.
Applied Digital
APLDThe backlog stopped being a press release and became an audited receivable
Cash $1.6B · Runway ~3.6yr at this rate
Bloom Energy
BEThe valuation short mostly worked and is now two-thirds spent
Cash $2.7B
Equinix
EQIXThe largest guidance raise in company history rests on a quarter whose headline was bought
Cash $979M
Uniti Group
UNITThe inflection the market bought in Q1 was a one-off hyperscaler IRU
Cash $609M · Runway ~2 qtr at this rate
Vertiv Holdings
VRTThe print that mattered came in split — margin, cash and the raised guide all beat, revenue missed, and the reason it missed was Vertiv's own executio…
Cash $2.8B