Axe Compute Secures $1.5B AI Contract, 2026 Total Exceeds $3B

Axe Compute signs $1.5B five-year deal for NVIDIA Blackwell cluster, pushing 2026 signed contracts past $3B with $534M in imminent prepayments.

Woofun AI reports that Axe Compute Inc. (Nasdaq: AGPU) has finalized a five-year agreement valued at over $1.5 billion to deploy a dedicated AI infrastructure cluster in the United States utilizing NVIDIA Blackwell architecture. The contract, executed through the Axe Build program, involves the provision of more than 9,200 NVIDIA Blackwell B300 GPUs for a cluster designed, deployed, owned, and operated by Axe Compute. This addition elevates the total value of contracts signed by the company in 2026 to exceed $3 billion.

Axe Compute anticipates receiving over $534 million in customer prepayments within the next 30 days, funds intended to cover the majority of associated GPU and infrastructure capital expenditures. The Axe Build program is projected to commence monthly revenue generation this quarter, with further clusters scheduled to become operational in the fourth quarter of 2026. Upon full deployment, this agreement alongside prior contracts is expected to raise the annualized run rate to over $696 million, nearly doubling the $385 million run rate reported earlier this month.