Boost Run Inc.'s subsidiary, Boost Run LLC, has entered into a material Service Agreement with AI company Cohere Inc. to provide dedicated GPU cloud computing infrastructure and services. The agreement was signed on September 30, 2026.
Key Details
- Contract Value: Cohere has committed to pay Boost Run approximately $525.6 million over the term of the agreement, which includes a prepayment portion.
- Service Term & Timeline: The term for each infrastructure rack is approximately five years, commencing upon acceptance. The initial infrastructure acceptance is expected to begin in the second quarter of 2027.
- Termination Clause: Cohere has the right to terminate the agreement and receive a refund of prepaid amounts if a specified minimum amount of infrastructure is not accepted by July 15, 2027.