Axe Compute signs $25.9M in AI compute contracts

Axe Compute Inc. (NASDAQ: AGPU) announced two long-term contracts totaling $25.9 million in combined value, according to a press release issued June 16, 2026.

The Pittsburgh-based company said $12.9 million of the total has already been received as advance payments. The two agreements carry terms of 12 and 24 months, respectively, with options to extend.

One contract involves deployments using Blackwell GPUs to support an AI-centric cloud platform for inference infrastructure, enabling machine learning teams to train and serve models across generative AI applications. The second contract uses Grace Blackwell GB300 compute hardware to power a simulation infrastructure platform serving autonomy, gaming, and robotics companies, supporting the generation of 3D environments, digital twins, and synthetic scenarios.

Christopher Miglino, CEO of Axe Compute, said in the statement: "These latest wins reflect the confidence our clients place in Axe Compute's ability to deliver at scale. The clients we are attracting are sophisticated operators building mission-critical AI platforms."

Axe Compute said the deployments are delivered through relationships with existing data centers, without the lead times it associates with traditional hyperscalers or incumbent neoclouds.

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