Vertical Data Inc., an AI infrastructure company traded on the OTCQB exchange under the ticker VDTA, has announced it has signed a Letter of Intent with an unnamed global AI developer to deploy a dedicated GPU cluster at an AI-ready data center in Western Europe.

The agreement contemplates an aggregate contract value of approximately USD 192.1 million over a five-year initial term structured on a take-or-pay basis, with service commencement targeted for the first quarter of 2027.

Details of the Proposed Deployment

Under the terms of the Letter of Intent, Vertical Data will deploy and operate 128 NVIDIA HGX B300 servers, forming a single-tenant cluster of 1,024 NVIDIA B300 Blackwell Ultra GPUs.

The company is describing the arrangement as a dedicated, purpose-built deployment engineered specifically for sovereign AI workloads within the European Economic Area. The infrastructure will feature complete physical and network isolation, multi-petabyte storage capacity, and around-the-clock managed engineering support.

The deployment is designed to meet strict data residency requirements and will be aligned with SOC 2 Type II, ISO 27001, and GDPR compliance standards, according to the company's announcement. Vertical Data said the turnkey infrastructure is intended to provide the security and governance controls required by top-tier foundation model developers.

The LOI includes binding take-or-pay and deposit obligations covering the full contracted compute and storage capacity for the five-year initial term at a fixed rate.

However, the remaining commercial, operational, and delivery terms of the transaction are described as non-binding and remain subject to negotiation and execution of a definitive Master Services Agreement, which the company expects to finalize in the near term.

Executive Commentary

Deven Soni, Chief Executive Officer of Vertical Data, framed the announcement as validation of the company's strategy to deliver purpose-built, high-density compute infrastructure to foundation model developers.

"Foundation model developers require infrastructure partners who can deliver purpose-built, high-density compute on their exact timelines," Soni said in the announcement. "This $192 million commitment proves that our strategy of delivering turnkey capacity is exactly what the market needs."

Soni added that securing a binding take-or-pay structure backed by a contractual deposit validates the company's corporate growth strategy and allows it to focus on achieving rapid delivery in the first quarter of 2027.

Structure of the Agreement

The LOI was signed between Las Vegas-based Vertical Data and a customer identified only as a global AI developer. The company has not disclosed the identity of the customer.

The five-year initial term is anchored by what the company describes as a binding take-or-pay structure, meaning the customer is contractually obligated to pay for the full contracted compute and storage capacity regardless of usage levels during the contract period.

The company stated it will leverage its priority hardware pipeline to source and deploy the NVIDIA B300 Blackwell Ultra equipment. The cluster is classified as a single-tenant deployment, meaning it will not share physical or network resources with other customers.

Parties are currently working toward finalizing a definitive Master Services Agreement. The company has targeted the near term for execution of that agreement, with service commencement aimed at the first quarter of 2027.

About Vertical Data

Vertical Data Inc. describes itself as a vertically integrated AI infrastructure company operating across three platforms. Its VerticalData.io platform provides enterprise GPU provisioning and managed infrastructure. GPUfinancing.com arranges structured financing for GPU deployments.

A third platform, Vertical Edge, holds equity in the data centers the company sources, develops, leases, and manages. The company says the three platforms together deliver hardware, financing, and facilities under a single corporate structure.

The company trades on the OTCQB market, a tier of the OTC Markets Group that serves early-stage and developing companies in the United States.

Risks and Qualifications

Vertical Data included extensive cautionary language alongside the announcement, noting that the LOI is non-binding as to the substantial majority of its commercial and operational terms and does not obligate either party to complete the proposed transaction. The company warned that a definitive Master Services Agreement could be delayed, modified, or not executed at all.

Additional risks identified by the company include conditions to performance such as financing approval, supplier and manufacturer hardware allocation, export control and trade-sanctions compliance, and the satisfactory completion of legal, financial, and other due diligence.

The company also flagged risks related to construction, delivery, and acceptance timelines for data center and GPU infrastructure, as well as reliance on third-party suppliers, manufacturers, and lenders.

The company said these risk factors should not be construed as exhaustive and directed readers to additional risk disclosures in its broader filings and public communications.

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