Axe Compute Secures US$1.5 Bln AI Infrastructure Agreement
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
The contract, secured through Axe Compute’s Build programme, supplies over 9,200 NVIDIA Blackwell B300 graphics processing units (GPUs) in a purpose‑built cluster designed, deployed, owned, and operated by Axe Compute.
“This agreement adds another major contracted deployment to our Axe Build portfolio and brings our total signed contract value for 2026 to more than US$3 billion, nearly double where we stood earlier this year. We are focused on continuing that pace through the end of 2026 and into 2027,” said its Chief Executive Officer, Christopher Miglino in a statement.
Axe Compute expects to receive over US$534 million in aggregate customer prepayments over the next 30 days in connection with this agreement and the previously announced contracts, which are expected to cover a substantial portion of the associated GPU and infrastructure capital expenditure (capex).
The company intends to pair these prepayments with project-level financing to fund the remaining buildouts. Axe Build programmes are expected to begin contributing monthly revenue as deployments come online, with monthly revenues starting this quarter and further cluster activations in the fourth quarter.
Revenue from this agreement as well as previously announced contracts is anticipated to boost the annual run rate to over US$696 million upon deployment, nearly double the US$385 million run rate the company reported earlier this month.
This contract reflects a customer requirement for dedicated, single‑tenant infrastructure. The Build project is designed for production-scale AI workloads that demand predictable performance, including real-time inference, continuous model fine-tuning, and high-throughput data pipelines.
Through Axe Compute Build, customers gain access to fully integrated AI infrastructure without putting data centre assets on their balance sheets or taking on the burden of design, deployment, and day-to-day operations.
-- BERNAMA