Vertical Data has signed a letter of intent with an unnamed global AI developer for a dedicated NVIDIA B300 Blackwell Ultra cluster in Western Europe, outlining approximately $192.1 million in infrastructure services over an initial five-year term.
The company announced the agreement on September 15, 2026. Under the proposed deployment, Vertical Data would operate 128 NVIDIA HGX B300 servers containing a total of 1,024 B300 Blackwell Ultra GPUs. Initial service is targeted for the first quarter of 2027.
The announcement adds a potentially large dedicated GPU deployment to Europe’s expanding AI infrastructure pipeline, but the transaction is not yet a fully executed services contract. Vertical Data said the parties are still finalizing a definitive Master Services Agreement.
1,024 NVIDIA B300 Blackwell Ultra GPUs across 128 HGX B300 servers, with approximately $192.1 million in contemplated contract value over five years and service targeted to begin in Q1 2027.
A dedicated single-tenant Blackwell Ultra cluster
Vertical Data said the infrastructure will be deployed at an AI-ready data center in Western Europe and operated as a dedicated, single-tenant environment. The customer was identified only as a global AI developer.
The proposed system is intended for sovereign AI workloads within the European Economic Area. According to the company, the deployment will include physical and network isolation, multi-petabyte storage and round-the-clock managed engineering support.
| Deployment detail | Announced specification |
|---|---|
| GPU platform | NVIDIA B300 Blackwell Ultra |
| GPU count | 1,024 |
| Server platform | 128 NVIDIA HGX B300 servers |
| Deployment model | Dedicated, single-tenant cluster |
| Region | Western Europe |
| Initial term | Five years |
| Contemplated value | Approximately $192.1 million |
| Target service start | Q1 2027 |
What is binding — and what is not
The structure of the agreement is important. Vertical Data described the document as a letter of intent rather than a completed Master Services Agreement.
According to the company, the LOI includes binding take-or-pay and deposit obligations covering the contracted compute and storage capacity at a fixed rate over the five-year initial term. Other commercial, operational and delivery provisions remain subject to negotiation and execution of the definitive services agreement.
That distinction means the announced $192.1 million should be treated as the contemplated aggregate value of the proposed five-year arrangement, rather than revenue from an infrastructure deployment that is already operational.
Why the deployment matters for GPU infrastructure
The planned cluster illustrates how high-end AI compute is increasingly being packaged as dedicated infrastructure rather than shared general-purpose cloud capacity. A single tenant would receive an isolated cluster built around 1,024 Blackwell Ultra GPUs, along with storage and managed infrastructure services.
The European location is also part of the project’s design. Vertical Data said the environment is being engineered for sovereign workloads and data-residency requirements in the European Economic Area, with the infrastructure intended to align with GDPR as well as SOC 2 Type II and ISO 27001 standards.
For infrastructure operators, the project combines several constraints that increasingly define large AI deployments: access to current-generation accelerators, high-density server capacity, storage, network isolation and a facility capable of supporting the resulting compute footprint.
What happens next
The immediate milestone is execution of the definitive Master Services Agreement. Vertical Data said the parties are working to finalize that agreement in the near term, while the company targets Q1 2027 for initial service commencement.
Until that agreement is completed and the infrastructure is deployed, the timetable remains a target rather than an operational date. The company has not publicly identified the customer or the specific Western European data center that would host the cluster.
Vertical Data’s original announcement is available in its September 15 company release. Independent coverage of the LOI and its binding and non-binding provisions was also published by StreetInsider.
