Axe Compute Inc. has announced a significant five-year customer agreement valued at over $1.5 billion, marking a notable development in the Cloud AI space. This contract involves the deployment of a dedicated AI infrastructure cluster based on NVIDIA Blackwell GPUs, intended for high-demand AI workloads in the United States. The agreement, secured through Axe Compute’s Build program, is part of a larger effort, bringing the company’s total signed contract value for 2026 to over $3 billion. This initiative is anticipated to substantially boost the company’s annual run rate and highlights growing customer demand for scalable, single-tenant AI infrastructure solutions.
In other trading, D-Wave Quantum was a standout up 20.4% and ending trading at $19.51. This week, AT&T expanded its use of D-Wave’s quantum computing technology to enhance network operations and reduce optimization workload processing time significantly. At the same time, Z.AI lagged, down 18.7% to close at HK$1,042.00.
Seize the growth potential of Alphabet as AI innovation reshapes search monetization. Click here to explore the narrative on Alphabet’s transformative journey.
For a deep dive into the Cloud AI landscape, revisit our Market Insights article, where we explored the SaaSpocalypse and AI’s critical role for software. Don’t miss it!
