Svmuu News: Axe Compute (NASDAQ: AGPU) has announced that the underlying infrastructure provider for its $260 million enterprise-level contract is Aethir, a globally distributed GPU infrastructure network. It is reported that Axe Compute has confirmed receipt of the first payment of $43 million under this contract. Aethir has officially initiated the compute delivery process for the corresponding cluster of 2,304 NVIDIA B300 GPUs, with a target go-live date set for the third quarter of 2026.
The contract adopts a 36-month take-or-pay structure, and is expected to generate approximately $21 million in revenue per quarter after going live.
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Aethir officially launches compute delivery for Axe Compute's $260 million B300 cluster, with first payment of $43 million already received
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