Axe Compute Takes Full Ownership of Georgia AI Cluster, Significantly Increasing the Contract’s Expected Free Cash Flow and Gross MarginPITTSBURGH, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (
NASDAQ: AGPU) today announced that it completed its acquisition from Duos Technologies Group, Inc. (“Duos”) of 100% of the special purpose vehicle (the “SPV”) that owns the Axe Compute AI cluster in Columbus, Georgia (the “Georgia Cluster”) on September 30, 2026. At closing, Axe Compute paid off the SPV’s asset-backed loan facility of approximately $87.8 million, with no new equity issued. The remaining consideration consists of a $42.9 million deferred purchase price payable to Duos in monthly installments of $715,000, with any unpaid balance due in full by the earlier of twelve months after signing and the date Axe Compute enters into a financing secured by the Georgia Cluster. Axe Compute expects to pay the deferred purchase price directly from cash flows generated by the Georgia Cluster. Axe Compute expects to generate approximately $364.6 million in revenue over the life of the customer agreement, with a significant expected improvement to estimated contract gross margin. In addition, the Georgia AI Cluster customer agreement has been extended from three years to five years, running through 2031 with renewal options thereafter.
Axe Compute Sells Helomics AI Cancer Diagnostics Lab Business to DataMEDS AI, Completing Transition to Neocloud GPU-as-a-Service platformAll-stock sale gives Axe Compute equity stake in DataMEDS AI; aligns APU’s operating structure with its scaling GPU-as-a-Service business
Axe Compute Receives $317 Million in Customer Prepayments Under Global AI Infrastructure Contracts$317M cash prepayments accelerate buildout of dedicated AI infrastructure across the U.S. and Europe
Axe Compute Inc. Reports Second Quarter 2026 Financial Results and Provides Business UpdatePITTSBURGH, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (
NASDAQ: AGPU), a neocloud AI infrastructure platform delivering dedicated enterprise GPU compute capacity at global scale, today reported financial results for the second quarter ended June 30, 2026.
Axe Compute to Host Q2 2026 Financial Results Conference CallAxe Compute to Host Conference Call and Webcast on Monday, August 17, 2026 at 8:30 a.m. Eastern Time to Review Second Quarter 2026 Financial Results
Axe Compute Secures $1.5 Billion Five-Year Dedicated AI Infrastructure Contract, Surpassing $3 Billion in 2026 Signed Contracted ValuePITTSBURGH, July 27, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (
NASDAQ: AGPU) today announced a new five-year customer agreement with a total committed contract value of over $1.5 billion to deploy a massive NVIDIA Blackwell-based dedicated AI infrastructure cluster in the United States. The contract, secured through Axe Compute’s Build program, supplies over 9,200 NVIDIA Blackwell B300 GPUs in a purpose‑built cluster designed, deployed, owned, and operated by Axe Compute.
Axe Compute Secures Over $1.3 Billion in Global AI Infrastructure Customer ContractsPITTSBURGH, July 22, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (
NASDAQ: AGPU) today announced more than $1.3 billion in new customer contracts across the United States and Europe, propelling the company beyond its 2026 goal of $1 billion in signed contracts. The agreements, secured through the Axe Compute Build program, expand Axe Compute’s design-deploy-own-operate model into additional geographies and add significant dedicated, large-scale AI infrastructure capacity to its global footprint.
Axe Compute Inc. Joins Russell Microcap® Index, Reflecting Its Growth as a Publicly Traded AI Infrastructure PlatformInclusion follows the first 2026 semi-annual reconstitution of the Russell U.S. Indexes and reflects Axe Compute's continued growth as a publicly traded AI infrastructure platform
Axe Compute Secures $25.9 Million in Contracts for Long-Term Deployments of Blackwell and Grace Blackwell ComputePITTSBURGH, June 16, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (
NASDAQ: AGPU) today announced $25.9 million in total contract value spanning two long-term agreements, as the company continues to scale up operations and business development efforts. The two enterprise deals underscore growing demand for flexible, high-performance compute infrastructure and validate Axe Compute's differentiated approach to market delivery. Of that total, $12.9 million has already been received in advance payments, reflecting client commitment and providing Axe Compute with immediate working capital to support deployment and operations.
Axe Compute Receives $43M Payment for Landmark ContractInitial cash milestone confirms build process underway on a 36-month deployment of 2,304 NVIDIA B300 GPUs targeting Q3 2026 go-live
Axe Compute to Host Q1 2026 Financial Results Conference CallAxe Compute Host Conference Call and Webcast on Monday, May 18, 2026 at 8:30 a.m. Eastern Time To Review First Quarter 2026 Financial Results
Axe Compute Inc. (NASDAQ: AGPU) CEO Chris Miglino to Appear on Schwab Network May 4 and Cheddar May 6Following the Company's recently announced $260 million enterprise contract for a 2,304-GPU NVIDIA B300 deployment, CEO will join national broadcast outlets to discuss Axe Compute's neocloud AI infrastructure platform
Axe Compute to Present at the Market Movers Investor Summit and the D. Boral Capital 2026 Global ConferenceCEO Chris Miglino to deliver the Company's presentation at the Market Movers Investor Summit on Tuesday, May 5, 2026, at 9:20 a.m. ET — covering Axe Compute's enterprise GPU compute platform, infrastructure scale across 200+ locations in 93 countries, and the Company's commercial progress as a publicly traded neocloud
Axe Compute Secures $260 million, Three-Year Enterprise Contract for 2,304-GPU NVIDIA B300 DeploymentRedefining enterprise AI infrastructure: enterprises no longer adapt to cloud constraints — they specify what they need, and Axe Compute delivers it
Axe Compute Unveils Compute Reserve Dashboard, Giving Investors a Unified View of Its NASDAQ Stock and Operational Strategic Compute ReservePurpose-built for the neocloud era: a unified view of Axe Compute's NASDAQ equity and its Strategic Compute Reserve (SCR), the operational reserve that funds enterprise access to 435,000+ GPUs across 200+ global locations
Axe Compute Names Kyle Okamoto President, Adding Deep Infrastructure Systems Expertise to Executive TeamOkamoto, who helped scale Aethir's decentralized GPU network to 200+ global locations, will lead enterprise growth strategy and execution at Axe Compute
Axe Compute Reports $12 Million in Executed Agreements Providing $835 Thousand in Estimated Monthly Income Entering Q2 2026$12M of Contract Value Across 20+ Enterprise Customers, Providing $835 Thousand in Estimated Monthly Income Starting Q2 2026
Axe Compute Inc. Reports Full-Year 2025 Financial ResultsCompleted Strategic Transformation to AI Compute Infrastructure
Axe Compute to Host Annual Report Conference CallAxe Compute to Report Fiscal Year 2025 Financial Results and File Annual Report on Form 10-KConference call and webcast scheduled for April 1, 2026
Axe Compute Explores Strategic Options for its Helomics Business as Company Sharpens AI Compute FocusPITTSBURGH, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Axe Compute, Inc. (
NASDAQ: AGPU) today announced that it has engaged Cardiff Advisory LLC, a leading investment bank specializing in life sciences and strategic advisory services, to assist the Company in exploring strategic alternatives for its Helomics Business.
Axe Compute Appoints Christopher Miglino as Chief Executive Officer, Ushering in a New Era of Decentralized ComputePITTSBURGH, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Axe Compute (or the “Company”) (Nasdaq: AGPU) today announced the appointment of Christopher Miglino as Chief Executive Officer, marking a pivotal development in the company’s commitment to decentralized compute and digital infrastructure, operating at the intersection of blockchain, AI, and capital markets.
