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materiality 0.85
Axe Compute secures $260M, 3-year contract for 2,304 NVIDIA B300 GPUs; largest enterprise deal ever
Axe Compute Inc.
- Aggregate contract value of ~$260M over 36 months for dedicated GPU compute and high-speed storage.
- Deployment of 2,304 NVIDIA B300 GPUs in a single U.S. Tier 3 data center; targeted start Q3 2026.
- Payment structure includes deposit, prepayment, and monthly take-or-pay payments; renewal options.
- Dedicated 4.8 MW power with N+1 redundancy; cluster purpose-built for AI training, fine-tuning, inference.
- Contract represents the largest enterprise engagement in Axe Compute's history.