Aethir has secured a $260 million enterprise contract with Nasdaq-listed Axe Compute Inc. for AI infrastructure deployment. The 36-month contract involves a dedicated cluster of 2,304 NVIDIA B300 GPUs and a high-speed AI storage system, set to go live in Q3 2026 at a Tier 3 data center in the U.S. This marks the largest single enterprise contract in Axe Compute's history, powered by Aethir's decentralized GPU cloud. Following the announcement, Axe Compute's stock surged over 166% intraday.
In other news, Tether has confirmed its cooperation with the U.S. government to freeze over $344 million in USDT linked to illegal activities. This action, in collaboration with the U.S. Department of the Treasury's OFAC and law enforcement agencies, underscores Tether's commitment to preventing illicit activities. CEO Paolo Ardoino emphasized Tether's proactive measures in maintaining blockchain transparency and coordinating with law enforcement to block fund flows.
Aethir Secures $260M Contract with Axe Compute for AI Infrastructure
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