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Duos Technologies Group, Inc. Sells GPU-as-a-Service Entity to Axe Compute

Jul 20, 20261 min readSource: Data Center POST
Duos Technologies Group, Inc. Sells GPU-as-a-Service Entity to Axe Compute

TL;DR

Customer continuity: Service at Columbus continues without interruption under a revised five-year agreement.
Expansion focus: Redirects capital from GPU ownership toward new modular AI colocation sites.
Continued service: Keeps the Columbus customer supported without interruption under an enhanced five-year agreement.
Financial flexibility: Eliminates approximately $98.1 million in prospective GPU equipment financing, preserving capacity for site development.

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Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) has completed the sale of its GPU-as-a-Service entity, Duos Edge AI – GPUaaS, LLC, to Axe Compute, Inc. (Nasdaq: AGPU). The transaction closed on September 30, 2026, advancing Duos’ shift toward a focused AI colocation platform.

Duos will continue to own and operate its Columbus, Georgia colocation facility, providing power, cooling, security, and managed infrastructure services. Rather than owning and financing the GPUs, the Company will lease the underlying compute capacity from Axe Compute. Its existing Columbus customer will continue receiving service without interruption under a revised five-year agreement expected to increase the revenue Duos recognizes over the contract’s life.

Read the full article at Data Center POST →

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