Shares of Axe Compute Inc. (NASDAQ:AGPU) soared by 100% after the company revealed it had landed a $260 million enterprise infrastructure contract spanning three years, centered on a dedicated cluster of 2,304 NVIDIA B300 GPUs.
The 36-month deal marks the largest contract in the company’s history and includes renewal options. It covers both high-performance GPU compute and AI-optimized storage systems, all set to be deployed within a single Tier 3 data center in the United States.
As part of the agreement, Axe Compute will provide specialized infrastructure tailored for large-scale artificial intelligence workloads, including model training, fine-tuning, and high-volume inference tasks. The setup will feature 4.8 megawatts of dedicated power capacity with N+1 redundancy, with deployment expected in the third quarter of 2026.
“This agreement is a signal. Enterprise AI customers are no longer willing to adapt their infrastructure roadmaps to the capacity constraints of legacy hyperscalers,” said Christopher Miglino, Chief Executive Officer of Axe Compute Inc. “A 2,304-GPU B300 deployment, contracted, dedicated, U.S.-based, and priced to compete, is what purpose-built AI infrastructure looks like. We intend to replicate this commercial structure at scale.”
The contract structure includes an upfront deposit, prepayment terms, and recurring monthly payments under a take-or-pay arrangement. It also incorporates enterprise-grade service commitments, along with the option to integrate additional services over time.
The deployed system will adhere to NVIDIA’s reference architecture while ensuring dedicated resources, supporting use cases such as foundation model training, domain adaptation, and large-scale inference workloads.