Svmuu news, Nasdaq-listed company Axe Compute Inc. (NASDAQ: AGPU) announced today that it has signed a 36-month AI infrastructure contract with an enterprise client, with a total contract value of approximately $260 million. The deployment includes a dedicated cluster of 2,304 NVIDIA B300 GPUs and a high-speed AI storage system, expected to go live in a U.S. Tier 3 data center in the third quarter of 2026. This is the largest single enterprise contract since Axe Compute's inception.
The underlying computing infrastructure for Axe Compute is supported by the Aethir decentralized GPU cloud. The contract is accompanied by a dedicated 4.8 MW N+1 redundant power supply, with the deployment location and service standards specified by the client, and structured payment arrangements in place.
Aethir co-founder and CEO Daniel Wang stated that this contract is the result of months of deep collaboration between the two teams: "Enterprise-grade workloads powered by 2,304 NVIDIA B300 GPUs are precisely the scale we targeted when building the Aethir computing infrastructure. Today's announcement proves that decentralized GPU infrastructure is already capable of handling AI workloads for top-tier global enterprises."
Following the announcement, Axe Compute (NASDAQ: AGPU) shares experienced significant volatility, with an intraday peak gain exceeding 166% to hit $14.47, and daily trading volume surging over a hundred times compared to the three-month average.