quote: Congratulations to our partner, @AxeCompute on taking full ownership of the Georgia AI Cluster SPV and compute ha | Hanami
quote: Congratulations to our partner, @AxeCompute on taking full ownership of the Georgia AI Cluster SPV and compute hardware, including 2,304 NVIDIA B300 GPUs.
Axe Compute has acquired 100% of the SPV, a clear step further into AI infrastructure ownership:
- Customer agreement extended from three to five years, through 2031
- Axe expects ~$364.6M in revenue over the five-year customer agreement
- Non-dilutive, with no new equity issued
- Axe Compute and Duos plan to expedite additional SPV sites
Excited to hear more! | Axe Compute has completed its acquisition from @duostech of 100% of the SPV that owns the Georgia AI Cluster.
More details:
- $87.8M in asset-backed financing retired, with no new equity issued
- ~$364.6M in expected revenue over the life of the agreement
- Customer agreement extended from three to five years, through 2031
Full release: https://t.co/QTEfRYA8kU
$AGPU $DUOT #GPUasaservice #neocloud #GPUs #B300 #NVIDIA