Aethir officially begins computing power delivery for Axe Compute's $260 million B300 cluster, with an initial $43 million payment already secured

Odaily reported that Axe Compute (NASDAQ: AGPU) announced that the underlying infrastructure provider for its $260 million enterprise-level contract is Aethir, a globally distributed GPU infrastructure. It is understood that Axe Compute has confirmed receipt of the initial $43 million payment under the contract. Aethir has officially initiated the computing power delivery process for the corresponding cluster of 2,304 NVIDIA B300 GPUs, with a target launch date set for the third quarter of 2026.

This contract adopts a 36-month take-or-pay structure, and is expected to generate approximately $21 million in revenue per quarter after launch.