Duos Technologies sells GPU unit to Axe Compute for $42.9M

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Go back to Duos Technologies sells GPU unit to Axe Compute for $42.9M

Duos Technologies Sells Its GPU-as-a-Service Entity to Axe Compute, Accelerating Its Shift to a Pure-Play AI Colocation Platform

October 5, 2026 8:30 AM EDT

Sale removes approximately $98.1 million of prospective equipment financing and frees capital for new AI colocation sites

Columbus customer continues without interruption under a new five-year agreement

JACKSONVILLE, Fla., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (Duos or the Company) (Nasdaq: DUOT), a provider of adaptive, modular architecture data center colocation and infrastructure... More