AI cloud provider Boost Run has signed a $525.6 million contract with Cohere, securing one of the largest deals in the young company's history and a major capacity commitment from the Canadian AI startup.

Under the agreement, Cohere will lease access to Boost Run's dedicated GPU cloud computing infrastructure and related services. Each rack supplied under the deal carries a term of approximately five years. A portion of the contract value is prepayable.

Neither company has disclosed which data centers the agreement covers.

What happens in 2027?

The contract's mechanics hinge on a specific delivery schedule. Cohere is expected to begin "accepting" the infrastructure in the second quarter of 2027, at which point the agreement term starts.

The deal includes an exit clause: if Boost Run fails to provide a minimum amount of infrastructure by July 15, 2027, Cohere can terminate the agreement and receive a refund of all prepaid amounts.

That deadline gives Boost Run roughly a year to expand capacity to meet contractual thresholds, based on its current disclosure timeline.

Who is Boost Run?

Founded in 2024, Boost Run describes itself in an SEC filing as a company that "owns and operates bare-metal GPU servers within top-tier data centers used to run AI and HPC workloads."

As of the end of 2025, the company operated out of four TierPoint data centers in the US:

• Seattle, Washington
• Durham, North Carolina
• Dallas, Texas
• Richardson, Texas

At that time, Boost Run said it aimed to add 16MW to its footprint through its TierPoint partnership, with planned expansions in Charlotte, North Carolina; St. Louis, Missouri; and Breinigsville, Pennsylvania.

How fast is the company growing?

Boost Run's most recent 10Q filing shows rapid expansion in both footprint and costs. In the six months ending June 30, 2026, the company entered into four colocation leases:

• Two signed in Q1, with terms of three and seven years respectively
• Two signed in Q2, both running for three years

The filing does not state whether the leases are exclusively with TierPoint. The company now also lists data center locations in Rock Island, Illinois; Charlotte, North Carolina; Minneapolis, Minnesota; and Marietta, Georgia.

Colocation lease costs reached $10.56 million in the most recent quarter, up 576 percent year on year. Revenue for the quarter came in at $31.14 million, compared with $8.423 million a year earlier. The company posted an operating loss of $12.9 million.

Why is Cohere buying capacity?

Cohere, a Canadian AI startup, has been aggressive in locking in compute. The company previously signed a $220 million cloud agreement with Buzz HPC for capacity at its Merritt, British Columbia, data center.

Cohere is also a known user of AMD GPUs, having signed an agreement to use the chip designer's Instinct GPUs in September 2025.

The Boost Run deal pushes Cohere's disclosed cloud commitments past $745 million across at least two providers, reflecting the compute demands of frontier AI model development and the premium customers place on long-term capacity guarantees.

For Boost Run, the contract represents a revenue anchor of roughly $105 million per year over the five-year term — more than three times its most recent quarterly revenue — though delivery obligations and the 2027 termination clause carry execution risk.