Boost Run Shares Up After $471.7M Deal With AI Company

Dow Jones05-30

By Christopher Kuo

Boost Run's stock rose after the company disclosed that it had entered into a $471.7 million contract to provide computing services to the artificial intelligence company Thinking Machines Lab.

Shares of the AI cloud infrastructure company rose 2.4% to $33.71 on Friday. The company's stock is up 174% this year.

Under the agreement, which was entered into on May 21, Boost Run will provide high-performance managed GPU compute and cloud infrastructure services to Thinking Machines Lab, according to a Securities and Exchange Commission filing on Thursday.

The companies executed two orders to rent 5,000 Nvidia B300 GPU servers. The servers will be deployed across Boost Run's data center facilities, and the company will provide GPU server rental services for an initial term of 36 months.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 29, 2026 14:49 ET (18:49 GMT)

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