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Shares of Axe Compute Inc. (AGPU) closed 120% higher on Wednesday and edged up 19% after hours after the company said that it has signed deals worth about $12 million in total in the last 30 days, setting the stage for an estimated $835,000 in monthly recurring income as the company enters the second quarter.
The deals, spread across more than 20 enterprise customers, are expected to generate approximately $7.5 million in revenue for the remainder of 2026 based on the current monthly run rate. The company currently has more than 30 active deployments spanning AI-native startups and established enterprises, with GPU hardware ranging from NVIDIA RTX 5090s to H100, H200 and B200 architectures.
“This is not a marketing milestone — it is executed agreements from enterprises with production AI workloads,” said Chris Miglino, chief executive officer of Axe Compute. “Every agreement signed strengthens the foundation of the business. This is the beginning of our income from our GPU business and we are excited for this growth.”
Axe Compute structures its enterprise contracts with monthly payments made in advance against reserved capacity, a model designed to minimize receivables risk and deliver predictable cash flow. The company says the payment terms reflect customer confidence in its ability to deliver reliable infrastructure quickly.
The company positions itself as the enterprise GPU marketplace, giving AI innovators and enterprises access to any GPU architecture in any of 200+ global locations, deployed in as little as 24-48 hours. It was called Predictive Oncology until December and then renamed itself as part of its transformation to AI compute infrastructure.
Earlier this week, the company reported full year total revenue of $125,284, derived entirely from the company’s drug discovery services legacy segment, and net loss from continuing operations of $232.9 million.
On Stocktwits, retail sentiment around AGPU stock rose from ‘bullish’ to ‘extremely bullish’ over the past 24 hours, while message volume increased from ‘high’ to ‘extremely high’ levels.
A Stocktwits user expressed optimism over the pace at which the company landed GPU agreements.
Another said that the pivot into AI compute is “working very well.”
AGPU stock has lost 84% over the past 12 months.
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