What Axe Compute Inc. does.

References in this annual report on Form 10-K to the “ Company ” , “ we ” , “ us ” , and “ our ” refer to the business of Axe Compute Inc. (NASDAQ: AGPU) and its wholly owned subsidiaries.

In late 2025, we expanded our business strategy to include a compute business under the Axe Compute brand, and renamed the Company Axe Compute Inc., effective December 11, 2025. Through a distributed network model, Axe Compute seeks to provide customers with access to graphics processing unit (“GPU”) compute capacity for artificial intelligence and other high-performance computing workloads, sourced primarily through infrastructure made available by the Aethir network. In connection with this strategic expansion, we adopted a digital asset treasury strategy focused on the Aethir token (“ATH”), the native utility token of the Aethir network, to support our participation in the Aethir ecosystem (“Treasury Strategy”). Collectively, we refer to this new operating business as our Compute Services and Treasury Management segment, which is the priority of the Company and Management’s focus.

We embarked upon this direction because the global compute market represents a significant and rapidly growing commercial opportunity. According to Research and Markets (2026), the global compute market is estimated to be valued at over $1 trillion in 2026, with a compound annual growth rate of approximately 9.9%, and is expected to nearly double in value by 2032. When focused specifically on AI-related computing services, many forecasters estimate growth rates exceeding 30% annually, with the AI compute market anticipated to reach a total value in excess of $1 trillion by 2034 (Cognitive Market Research; Statifacts, 2025). McKinsey & Company estimated in 2025 that over 50% of all data center capacity was already dedicated to AI workloads, an amount they expect to grow by a factor of 3.5 times by 2030, and that approximately $6.7 trillion will be spent on data centers globally between 2025 and 2030, of which approximately 65.7% will be GPU-related. Gartner estimates worldwide AI spending will total $2.5 trillion in 2026 alone. Despite this unprecedented level of investment, demand continues to significantly outpace supply: as of early 2026, North American data center vacancy rates reached a record low of 1.6%, data center demand increased 24% in 2025, and average lead times for data center GPUs stand at 36 to 52 weeks (CBRE Investment Management, 2026). The Company believes this supply-demand imbalance creates a significant opportunity for its GPU compute business, which operates through the Aethir network to provide distributed GPU compute capacity for AI and other high-performance computing workloads.

Revenue and profit, by fiscal year.

More on AGPU.

• Axe Compute Inc. summary
• Axe Compute Inc. financial statements
• Axe Compute Inc. key metrics
• Axe Compute Inc. health scores and style box
• Axe Compute Inc. earnings
• Axe Compute Inc. dividends
• Axe Compute Inc. valuation
• Axe Compute Inc. ownership and insiders
• Axe Compute Inc. peers

Figures from Axe Compute Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.