Axe Compute takes full ownership of Georgia AI cluster SPV from Duos Technologies
Bitget2026/10/05 12:34Axe Compute took 100% ownership of the SPV holding its AI cluster in Columbus, Georgia, closing on Sept. 30, 2026. Deal retired about USD 87.8 million of asset-backed financing at closing, with no new equity issued. Purchase consideration includes a USD 42.9 million deferred price, paid at USD 715,000 monthly, with any balance due within 12 months. AI cluster customer agreement extended to five years through 2031, with renewal options. Duos covers colocation and energy costs for the five-year term, fixing facility and power costs for the contract life. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axe Compute Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610050830PRIMZONEFULLFEED9839298) on October 05, 2026, and is solely responsible for the information contained therein.
- Axe Compute took 100% ownership of the SPV holding its AI cluster in Columbus, Georgia, closing on Sept. 30, 2026.
- Deal retired about USD 87.8 million of asset-backed financing at closing, with no new equity issued.
- Purchase consideration includes a USD 42.9 million deferred price, paid at USD 715,000 monthly, with any balance due within 12 months.
- AI cluster customer agreement extended to five years through 2031, with renewal options.
- Duos covers colocation and energy costs for the five-year term, fixing facility and power costs for the contract life.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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