Axe Compute Inc.

Axe Compute Inc. announced securing $25.9 million in total contract value from two new long-term enterprise agreements for high-performance compute infrastructure. The company has already received $12.9 million in advance payments, providing immediate working capital. These agreements leverage existing data centers to deliver compute resources quickly, supporting mission-critical AI workloads, including generative AI applications and simulation infrastructure for autonomy, gaming, and robotics.

Axe Compute Inc. filed an 8-K to update risk factors related to its expansion into owning and operating GPU computing infrastructure in data centers. This strategic shift from an asset-light model to a capital-intensive owned-asset model introduces new risks, including substantial capital expenditures, rapid technological obsolescence of GPUs, reliance on a limited number of customers and suppliers (NVIDIA), and dependence on data center operations and power supply. The company expects to incur significant debt to fund this expansion and faces challenges in deployment timelines and ensuring sufficient customer demand.

Axe Compute Inc. announced the receipt of its first payment of $43 million on a previously disclosed $260 million contract. This payment confirms the build process is underway for a dedicated cluster of 2,304 NVIDIA B300 GPUs, with deployment expected in Q3 2026. The contract is projected to generate approximately $21 million in quarterly revenue and strong cash flows from day one, validating Axe Compute's replicable build program for large-scale AI infrastructure.

Axe Compute Inc. announced a landmark 36-month, $260 million take-or-pay enterprise contract for dedicated GPU compute capacity, expected to generate $21 million quarterly revenue starting Q3 2026. For Q1 2026, the company reported $35 thousand in total revenue, a net loss of $7.7 million, and commenced its first Compute Services revenue. The company also appointed Kyle Okamoto as President and Jeremy Yaukey-Witter as CFO, and maintains a combined liquidity of $36.5 million.

Axe Compute Inc. announced a landmark $260 million, 36-month enterprise contract for dedicated GPU compute capacity, its largest in company history, expected to generate approximately $21 million in quarterly revenue starting Q3 2026. The company reported Q1 2026 revenue of $35 thousand, including $7 thousand from new compute services, and a net loss of $7.7 million. Axe Compute also strengthened its leadership team with the appointments of Kyle Okamoto as President and Jeremy Yaukey-Witter as CFO, while maintaining approximately $36.5 million in short-term liquidity.

Axe Compute Inc. filed a prospectus supplement to update its "at the market" (ATM) offering program. The company increased the maximum amount of common stock eligible for sale to $100 million and is no longer subject to offering limitations under General Instruction I.B.6 of Form S-3. Approximately $12.7 million worth of securities have already been sold under the program in the past 12 months.

Axe Compute Inc. reported a net loss of $(7.71) million for Q1 2026, a significant increase from $(2.44) million in Q1 2025, primarily due to a $(4.30) million loss on digital assets. Revenue decreased by 68% to $35,311. The company continues its strategic shift to providing GPU compute capacity for AI and managing a digital asset treasury focused on the Aethir token (ATH), while exploring strategic alternatives for its legacy oncology drug discovery business.

Axe Compute Inc. announced it will host a conference call and webcast on Monday, May 18, 2026, at 8:30 a.m. Eastern Time. The call is scheduled to review the company's financial results for the first quarter ended March 31, 2026. The press release provides details for dial-in and webcast registration.

Axe Compute Inc. (AGPU) announced it will host a conference call on Monday, May 18, 2026, before market open, to discuss its financial results for the first quarter ended March 31, 2026. The call will provide an opportunity to review the company's performance and will be accessible via dial-in and webcast. The financial results press release will be available on the company's investor relations website and the SEC's website.

Axe Compute Inc. announced that CEO Christopher Miglino will appear in two national broadcast interviews this week on Schwab Network and Cheddar. These appearances follow the company's recent announcement of a significant $260 million, three-year enterprise contract. The contract involves a 2,304-GPU NVIDIA B300 deployment, marking it as the largest enterprise engagement in Axe Compute's history.