PartnershipJul 21, 2026, 04:37 PM
KIDZ AI Secures $44.6M GPU Compute Services Deal with Canopy Wave
AI Summary
KIDZ AI Inc., through its subsidiary Catalyst Compute LLC, announced a definitive 60-month enterprise AI compute services agreement with Canopy Wave, Inc. The contract is valued at an aggregate of $44.6 million and involves the deployment of 256 NVIDIA HGX B300 GPUs. This partnership is a significant step in KIDZ AI's evolution into an AI technology and infrastructure platform, anchoring its differentiated neocloud model with long-term contracted enterprise demand.
Key Highlights
- KIDZ AI's subsidiary, Catalyst Compute, secured a $44.6 million GPU compute services agreement.
- The agreement with Canopy Wave, Inc. is for an initial term of 60 months (5 years).
- Catalyst Compute will deploy 256 NVIDIA HGX B300 GPUs across 32 specialized nodes.
- The service agreement requires Catalyst Compute to provide 99.5% monthly uptime.
- Canopy Wave cannot terminate for convenience during the first 24 months of the term.
- Early termination after 24 months incurs a fee of 75% of remaining service fees.
- GPU rental rates are $4.3/hr for years 1-3 and $3.5/hr for years 4-5.
Price Impact
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