Duos Technologies sells GPU-as-a-service unit to Axe Compute for USD 42.9 million

• Duos Technologies Group sold its Duos Edge AI - GPUaaS unit to Axe Compute in a deal that closed Sept. 30, 2026.
• Consideration totals $42.9 million, paid in equal monthly installments over 60 months.
• Transaction removes about $98.1 million of prospective GPU equipment financing tied to the business.
• Columbus, Georgia customer service continues under a revised five-year agreement; Duos will lease GPU capacity from Axe Compute.
• Proceeds and freed balance-sheet capacity shift Duos toward an AI colocation landlord model, funding new 10-30 MW modular sites.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duos Technologies Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610050830PRIMZONEFULLFEED9839223) on October 05, 2026, and is solely responsible for the information contained therein.