Axe Compute Inc. announced it has secured over $1.3 billion in new customer contracts for dedicated AI infrastructure across the U.S. and Europe, exceeding its 2026 target of $1 billion. These contracts, part of the Axe Compute Build program, involve designing, deploying, owning, and operating large-scale AI platforms tailored to customer needs, with five-year commitments and upfront payments. This growth reflects strong global demand for secure, high-performance AI environments outside the public cloud, with revenue expected to start in late Q4 2026 and annual recurring revenue projected to exceed $384 million. Axe Compute aims to close an additional $2 billion in contracts this year, reinforcing its position as a leading global AI infrastructure provider.
BitFuFu Inc. reported a Q2 2026 earnings per share of -$0.02, missing estimates and showing a 100% earnings surprise. Revenue fell 62.9% year-over-year to $42.8 million, driven by a 27.5% drop in Bitcoin price and lower demand for cloud mining, resul...
Sensus Healthcare reported a sharp decline in Q2 revenue to $2.3 million, down from $7.3 million last year, due to delayed financing for its SRT-100 medical devices. The company has severed ties with the problematic bank causing the delays and expect...
Duos Technologies Group (DUOT) has sold its rail technology subsidiary to focus on the AI data center market, securing over $500 million in five-year hosting service contracts with Axe Compute Inc. The company reported Q2 earnings per share of $0.66 ...
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...
