Axe Compute Inc. (NASDAQ: AGPU), a Nasdaq-listed company, announced today the signing of a 36-month AI infrastructure contract with an enterprise client, valued at approximately $260 million. According to Odaily, the deployment includes 2,304 NVIDIA B300 GPU dedicated clusters and a high-speed AI storage system, expected to go live in a U.S. Tier 3 data center by the third quarter of 2026. This marks the largest single enterprise contract in Axe Compute's history.
The underlying computing infrastructure for Axe Compute is supported by Aethir's decentralized GPU cloud. The contract includes a dedicated 4.8 MW N+1 redundant power supply, with the deployment location and service standards specified by the client, utilizing a structured payment arrangement.
Daniel Wang, co-founder and CEO of Aethir, stated that the contract is the result of months of deep collaboration between the two teams. "The enterprise-level workload supported by 2,304 NVIDIA B300 GPUs is exactly the scale we aimed for when building Aethir's computing infrastructure. Today's announcement demonstrates that decentralized GPU infrastructure is capable of handling AI workloads for top global enterprises."
Following the announcement, Axe Compute's stock (NASDAQ: AGPU) experienced significant volatility, with an intraday peak increase of over 166%, reaching $14.47. The day's trading volume exceeded the three-month daily average by more than a hundredfold.