Aethir (@AethirCloud): Congratulations to @AxeCompute for receiving a $317M+ prepayment for an expanding GPU cluster.
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Congratulations to @AxeCompute for receiving a $317M+ prepayment for an expanding GPU cluster. The structure, per CEO Chris Miglino: Customers put 20-45% of project cost down up front, and that contracted stream is used to raise project financing, so the build doesn’t wait on a capital raise. Term sheets will add ~49% of the equity behind 55MW of new US capacity with Duos. Read our new blog for the full breakdown👇