Boost Run secures $525.6M Cohere GPU infrastructure deal

Boost Run's subsidiary signed a five-year service agreement with Cohere for dedicated GPU cloud infrastructure worth approximately $525.6 million in total contract value, with initial deliveries expected in Q2 2027 and including prepayment provisions. This is a material revenue commitment representing a significant customer win in the AI infrastructure sector, though execution risk exists given the multi-year delivery schedule and termination rights if minimum infrastructure thresholds aren't met by July 2027.

Boost Run just landed a $525.6 million contract to provide cloud computing power to Cohere (an AI company) over five years, starting next year. This is a big new revenue stream for the company, though the deal comes with some conditions about what needs to be delivered and when.