Axe Compute Inc. - Common Stock (AGPU)

PITTSBURGH, 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.

New agreements bring the total value of contracts signed over the past seven months to more than $3.45 billion

Sept. 15, 2026 - Investors looking across emerging-growth and small-cap stocks are watching Veea Inc. (NASDAQ: VEEA), Sphere 3D Corp. d/b/a DarkHorse Technologies (NASDAQ: ANY), DataMEDS AI, Inc. (NASDAQ: MEDS), MySize, Inc. (NASDAQ: MYSZ) and PDS Biotechnology Corporation (NASDAQ: PDSB) as developments spanning AI healthcare, AI infrastructure, GPU computing, defense technology and cancer immunotherapy create potential catalysts across the group.

Acquisition Provides Operational Capital to Drive Health Lives Here Campaign and Expand Services into Cancer Management

All-stock sale gives Axe Compute equity stake in DataMEDS AI; aligns APU’s operating structure with its scaling GPU-as-a-Service business

$317M cash prepayments accelerate buildout of dedicated AI infrastructure across the U.S. and Europe

55 MW agreements secure future AI data center capacity ahead of accelerating, market-wide demand

PITTSBURGH, 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 Conference Call and Webcast on Monday, August 17, 2026 at 8:30 a.m. Eastern Time to Review Second Quarter 2026 Financial Results

PITTSBURGH, 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.

PITTSBURGH, 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.

Inclusion 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

PITTSBURGH, 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 AGPU Q1 2026 Earnings Transcript

Initial cash milestone confirms build process underway on a 36-month deployment of 2,304 NVIDIA B300 GPUs targeting Q3 2026 go-live

Signed $260 Million Landmark Enterprise Contract - Largest in Company History

Axe 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

Following 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

CEO 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