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AlphaTON Capital Corp. has raised $44 million to enhance its AI infrastructure supporting Telegram's Cocoon AI, following a $15 million direct offering. The company plans to deploy 576 NVIDIA B300 chips by March 2026, aiming for a 27% internal rate of return and $11 million net present value, while also securing partnerships to boost revenue streams and a five-year agreement for renewable computing capacity in Sweden. Revenue generation commenced in December 2025 with the initial deployment of its GPU fleet.