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The Markets Desk — Week 46 · Wed 11 Nov 2026
Compute / the Ledger · 1 deal

Who is paying whom for compute.

Every deal dated, typed in plain words, and linked to the document it comes from.

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The LedgerRead against its source

Deals with ChronoScale as a party. ChronoScale’s page · Show every party

Compute deals, newest first
AnnouncedDealPartiesTypeValueTermsSource
19 Aug 2026ChronoScale and Microsoft sign a three-year partnership for about 50 MW of planned AI compute capacityAmendedChronoScale (Nasdaq: CHRN, about 97% owned by Applied Digital (voting power, 31 May 2026)) entered a two-year strategic partnership with Microsoft on 6 August 2026 to support the planned deployment of approximately 50 MW of AI compute capacity, first disclosed in ChronoScale's 10-K filed 19 August 2026. On 27 August 2026 ChronoScale announced the partnership by press release and stated the term had been extended from two years to three (8-K, items 7.01/8.01). ChronoScale's 10-K describes it as an ordinary-course GPU services agreement: ChronoScale procures, installs and delivers NVIDIA GB300 clusters at a dedicated facility on a fixed delivery schedule, with daily delay credits, tranche termination rights and refund of upfront payments if it fails to deliver. Projected completion in the first calendar quarter of 2027. No value, GPU count or canonical SKU stated (GB300 has no entry in skus.ts). Applied Digital's 10-Q (filed 2026-10-07) dates the extension 24 August 2026.Capacity contractundisclosed3 years50 MWChronoScale 8-K, filed 2026-08-27Regulatory filing

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