Axe Compute (NASDAQ: AGPU) has announced a $260 million enterprise-level contract with Aethir, a global distributed GPU infrastructure provider. According to Odaily, Axe Compute has confirmed receipt of an initial payment of $43 million under the contract. Aethir has commenced the delivery process for 2,304 NVIDIA B300 GPU clusters, with a target launch date set for the third quarter of 2026.

The contract is structured over 36 months with a fixed payment agreement, and it is expected to generate approximately $21 million in revenue per quarter once operational.