$131MStrategic acquisitionTechnologyCompleted
Axe Compute buys out Duos' Georgia AI cluster SPV for ~$131M
Axe Compute completed its acquisition from Duos Technologies Group of 100% of the special purpose vehicle owning the Columbus, Georgia AI cluster. At closing Axe paid off the SPV's roughly $87.8 million asset-backed loan, with no new equity issued, plus a $42.9 million deferred purchase price payable to Duos in $715,000 monthly installments. The cluster holds 2,304 NVIDIA B300 GPUs, and its customer contract was extended from three years to five.
Why it matters: Full ownership of the cluster lifts expected free cash flow and gross margin, giving Axe a template for future dedicated AI infrastructure deployments.
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