Duos Technologies sells GPU cluster to Axe Compute for $87.8M debt relief plus $43M deferred payments

Duos sold its entire GPU server subsidiary (2,304 GPUs and networking gear) to Axe Compute on September 30, 2026. The buyer assumed $87.8 million in debt and committed to $715,000 monthly payments over 60 months ($42.9M total), with repayment accelerated if Axe refinances with the cluster as collateral. The sale eliminates a major debt obligation and provides monthly cash flow but signals exit from the high-capital GPU infrastructure business.</why> <parameter name="eli5">Duos sold its entire GPU computer cluster business to another company, which agreed to pay off $87.8 million in debt plus s