Axe Compute Inc. (NASDAQ : AGPU) has secured over $1.3 billion in multi-year contracts through its Axe Compute Build program, anchored by a flagship five-year agreement worth $1.5 billion, implying roughly $300 million in annual revenue from a single customer. The company will deploy over 9,200 Nvidia Blackwell GPUs for AI training and inference workloads, leveraging a partnership with Aethir and its decentralized GPU computing network. Expected annual recurring revenue exceeds $384 million, with revenue recognition starting in late Q4 2026. Axe Compute blew past its original $1 billion contract target for 2026 before mid-year and now forecasts an additional $2 billion in potential contracts, which would bring total annual contract value well north of $3 billion.
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