Axe Compute secures $1.5 billion AI infrastructure client contract, with total contract value signed for 2026 exceeding $3 billion

Odaily reported that Axe Compute Inc. (Nasdaq: AGPU) announced today the signing of a new five-year contract with its client, with a total value exceeding $1.5 billion, to deploy a large-scale dedicated AI infrastructure cluster in the United States based on the NVIDIA Blackwell architecture. The contract was secured through Axe Compute’s Build project and will provide over 9,200 NVIDIA Blackwell B300 GPUs to construct a dedicated cluster that Axe Compute will design, deploy, own, and operate.

Together with previously announced Build agreements, this new contract brings Axe Compute’s total signed contract value in 2026 to over $3 billion. Axe Compute expects to receive more than $534 million in customer prepayments related to this agreement and previously disclosed contracts within the next 30 days, which are expected to cover most of the related GPU and infrastructure capital expenditures.

The Axe Build project is expected to start generating monthly revenue from this quarter, with more clusters set to be activated in the fourth quarter of 2026. It is anticipated that this agreement, along with previously announced contracts, will boost the annual run rate to over $696 million once deployment is completed, nearly double the $385 million run rate that the company reported earlier this month.

Axe Compute Inc. is an artificial intelligence infrastructure platform based on the new cloud architecture.