Axe Compute Chooses Miami as Global Headquarters for its Neocloud AI Infrastructure Business

Strategic relocation strengthens the Company's presence in a major international business hub and supports its expanding global operations and partnerships

MIAMI, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU), a neocloud AI infrastructure platform delivering dedicated enterprise GPU compute capacity at global scale, today announced the relocation of its corporate headquarters from Pittsburgh, Pennsylvania, to Miami, Florida. The Company's new headquarters will be located at 801 Brickell Avenue, Suite 510, Miami, FL 33131.

The relocation establishes Axe Compute's corporate headquarters in one of the United States' leading international business and financial centers, providing greater proximity to strategic partners, investors and a growing network of global business relationships. With its international connectivity, access to capital and expanding technology ecosystem, Miami offers a strategic base from which Axe Compute can support its worldwide operations and pursue new opportunities across the global AI infrastructure market.

The move also reflects Axe Compute's broader commitment to strengthening its corporate presence as it scales its AI infrastructure platform, deepens enterprise relationships and expands its international reach.

"Miami has become one of the fastest-growing centers for finance and technology in the United States, and a gateway for international business, which makes it a natural home for a global company serving a global client base," said Christopher Miglino, Chief Executive Officer of Axe Compute. "Being here brings us closer to our partners, gives them better international access to us, and puts us at the intersection of the capital and talent building the next generation of AI infrastructure. Miami's favorable tax treatment for corporations and individuals also helps us attract and retain top talent. We look forward to expanding our footprint in Miami."

About Axe Compute Inc.

Axe Compute Inc. (NASDAQ: AGPU) is a neocloud AI infrastructure platform built on a fundamental premise: AI innovation should not be constrained by hardware choice or availability. The company provides enterprises and AI innovators with flexibility across hardware, geography, and deployment models. Axe Compute provides the design, deployment, ownership, and operation of large-scale, dedicated AI infrastructure worldwide, supported by enterprise-grade SLAs and operational expertise. For more information, visit axecompute.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company's headquarters relocation, operations and growth plans. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by law.

Investor Relations Contact:

Erin McMahon
Chief Marketing Officer & Head of Investor Relations
IR@axecompute.com