Axe Compute buys full ownership of Georgia AI cluster from Duos
Axe Compute completed the purchase of 100% of the SPV owning its AI cluster in Columbus, Georgia, from Duos Technologies on September 30. It paid off the SPV's $87.6m asset-backed loan and will pay Duos a remaining $42.9m in monthly installments of $715,000. The cluster runs 2,304 Nvidia B300 GPUs in 288 servers.
- Deal closed September 30: Axe Compute took 100% of the cluster's SPV
- SPV's $87.6m asset-backed loan facility was paid off
- Remaining $42.9m payable to Duos at $715,000 per month
- Cluster holds 2,304 Nvidia B300 GPUs in 288 servers, 10MW
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