Boost Run signs $525.6M GPU cloud deal with Cohere; rack term ~5 years, service start expected Q2 2027

Boost Run Inc.

Boost Run LLC, a wholly owned subsidiary of Boost Run Inc., will give Cohere Inc. access to dedicated GPU cloud computing infrastructure under a Service Agreement dated September 30, 2026.
Cohere committed to pay approximately $525.6 million over the term, a portion payable as a prepayment; Boost Run invoices monthly in advance for committed-capacity and supplemental service fees.
Each rack's term is about five years, starting when Cohere accepts that rack; acceptance of the initial infrastructure is currently expected to begin in the second quarter of 2027.
If minimum infrastructure isn't accepted by July 15, 2027, Cohere may terminate and get prepaid amounts refunded; Boost Run Inc. guarantees refunds up to the prepayment received.
The Agreement does not automatically renew, runs until all orders expire or terminate, and bars liens on Boost Run equipment; Cohere must meet sanctions/KYC resale conditions on any direct resale.

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