Recent Updates — POAI

Axe Compute Inc. announced agreements with Duos Technologies Group to secure 55 MW of new AI data center capacity across multiple U.S. locations, representing over $500 million in expected aggregate payments. The company also executed nonbinding term sheets for minority equity investments in the project entities, targeting a 49% ownership stake. Initial readiness is targeted for late 2026 into early 2027. This expansion builds on an existing 10 MW deployment and aims to provide dedicated AI infrastructure with long-term control over capacity and costs. Axe Compute Inc. operates in the neocloud AI infrastructure industry, providing dedicated bare-metal GPU compute and large-scale AI cluster build-outs.

Axe Compute Inc. reported financial results for the quarter ended June 30, 2026, generating $3.2 million in revenue from its Axe Compute Access service model and reporting a net loss of $17.2 million, or $0.87 per share. The loss was primarily driven by an $11.8 million non-cash unrealized loss on digital assets held in Aethir (ATH). Adjusted EBITDA was approximately ($4.9) million. Cash and cash equivalents increased to $21.9 million at quarter-end, supported by customer prepayments of $60.8 million and positive operating cash flow of $17.4 million for the first half of 2026. Subsequent to the quarter, the company signed more than $2.8 billion in new contracts under its Axe Compute Build model, bringing total 2026 contracted value above $3 billion with an expected annualized run rate exceeding $696 million upon full deployment. The company operates as a neocloud AI infrastructure platform delivering dedicated enterprise GPU compute capacity.

Axe Compute Inc. secured a five-year customer agreement valued at over $1.5 billion to deploy a dedicated NVIDIA Blackwell-based AI infrastructure cluster in the United States. The contract involves over 9,200 B300 GPUs and brings the company's total 2026 signed contracted value to more than $3 billion. The company expects to receive over $534 million in aggregate customer prepayments within the next 30 days to fund infrastructure capex. This agreement is projected to increase the company's annual run rate to over $696 million upon deployment. Axe Compute Inc. is a neocloud AI infrastructure platform that provides high-performance GPU infrastructure and large-scale dedicated AI deployments.