US-based HPC cloud provider Crunchbits has rebranded as Synteq HPC.
Meanwhile, AI cloud provider AlphaTon Capital has also taken on a new name, instead adopting the Alpha Compute Corp. moniker.
The Crunchbits rebrand to Synteq HPC took effect on April 23, according to the company, and coincides with the launch of two new data center locations.
Synteq's new deployments are in Dallas, Texas, and Sofia, Bulgaria. The Sofia site is Synteq's first European location.
In addition to the new data centers, Synteq has said it is rolling out the Nvidia Blackwell RTX Pro servers (6000 and 5090) "at scale" at its data centers.
The company claims it has increased its capacity and backend hardware by 10 times since April 2025. The company's website now notes four plus data centers.
"Crunchbits built a loyal, avid customer base by being faster, higher value, and more technically serious for the workloads that actually matter to them," said Taras Kulyk, CEO of Synteq Digital. "Synteq HPC is the same team with the capital, the rapidly expanding footprint, and a roadmap to serve customers at a completely different scale. We will never abandon our roots as we work to grow our expanding enterprise-focused offering."
Eric Yingling, VP of HPC, and founder of Crunchbits, added: "Over the past year, we've overhauled our backend across every site, swapping out our legacy hardware, and replacing it with newer, more efficient equipment that delivers more in less space. Our networking and connectivity has been rebuilt with full redundancy at every level, from the rack, right to our upstream carriers. Dallas and Sofia are the newest additions, and every existing site has been brought up to the same standard."
Other new locations are planned to be launched in Q3 and Q4 of 2026, though details have not been provided.
The rebrand comes almost a year after Crunchbits was acquired by Synteq Digital, as part of the latter's move to HPC offerings. Prior to that, the team behind Synteq has been providing Bitcoin mining ASIC hardware and data center infrastructure services since 2016. The company is known as the official distributor for Bitmain products in the US, and claims to have sold 400,000 Bitcoin mining ASICs since 2020.
AlphaTon becomes Alpha Compute
Another rebrand in the AI/HPC cloud space this week is of AlphaTon Capital Corp, now known as Alpha Compute Corp.
The company said this was to reflect the company's "accelerating strategic growth and market demand for scalable AI compute infrastructure, with privacy-preserving confidential computing at its core."
"This rebrand is not cosmetic, it is structural," said Brittany Kaiser, CEO of Alpha Compute Corp. "My mission is to ensure that the future of technology is built on privacy by design, not just policy and promises. Alpha Compute is the culmination of that mission: a publicly traded infrastructure company providing the world's most sensitive AI workloads with compute they can trust. We are entering the fastest-growing industry in history, and we intend to lead it."
Alpha Compute offers Nvidia Blackwell-generation GPU clusters, and has provided the core firmware for Telegram's Cocoon AI.
Alpha Compute is a technology company that says it "bridges institutional capital with the Telegram-based crypto ecosystem." However, it seems to be seeking to launch a GPU-as-a-Service offering. In December 2025, it signed a data center leasing agreement for 2.2MW of capacity from atNorth for a data center in Sweden. Here, the company plans to deploy 2,000 GPUs, and potentially up to 4,000 in the future.
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