Gate News message, April 23 — Aethir, a decentralized GPU cloud infrastructure provider, has secured a major enterprise contract through Axe Compute Inc. (NASDAQ: AGPU), a Nasdaq-listed company. The 36-month agreement is valued at approximately $260 million and marks Axe Compute’s largest single enterprise contract to date.
The deployment includes a dedicated cluster of 2,304 NVIDIA B300 GPUs and advanced AI storage systems, supported by 4.8 megawatts of N+1 redundant power infrastructure. The system is scheduled to go live in a U.S. Tier 3 data center during Q3 2026. The contract features structured payment terms and is deployed according to the customer’s specified location and service standards.
Aethir Co-founder and CEO Daniel Wang commented: “The 2,304 NVIDIA B300 GPUs supporting enterprise-grade workloads represent exactly the scale we designed Aethir’s infrastructure to handle. Today’s announcement demonstrates that decentralized GPU infrastructure is ready to support the world’s leading enterprises in their AI operations. I am proud of the effort both teams have invested in this collaboration.”
Following the announcement, Axe Compute (NASDAQ: AGPU) stock experienced significant volatility, with intraday gains exceeding 166%, reaching $14.47. Trading volume surged more than 100 times the three-month daily average, reflecting strong market reaction to the contract announcement.
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