Press Release Bull: a New Brand to Drive the Future of Advanced Computing Paris, France – January 29, 2026 – Bull, a leading brand in advanced computing and AI, is officially launched today, marking the return of a historically rooted technology name, reimagined for a new era. Reinvented through a new identity and a clear sense of purpose, Bull is a global leader in high-performance computing, artificial intelligence and quantum innovation, with the ambition to shape a more responsible digital world, throu ...

San Juan, Puerto Rico, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU), a next-generation computing infrastructure company focused on high-performance and AI-driven solutions, announced it will serve as a sponsor of the Sequire Investor Summit Puerto Rico 2026, taking place January 20–22, 2026 at the iconic Condado Vanderbilt Hotel in San Juan. Hosted by DNA, the Sequire Investor Summit is a premier investor conference bringing together over 500 institutional and retail investors, family o ...

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $343 million, up 2% sequentially and 1% year over year, despite not recognizing any hyperscale hardware revenue [5][17] - Non-GAAP gross margins were 30%, down 0.8 percentage points year over year [17] - Non-GAAP operating income was $42 million, up 1% year over year, leading to Non-GAAP diluted earnings per share of $0.49, flat year over year [6][20] Business Line Data and Key Metrics Changes - Advanced Computing revenue was $151 million, up 9% compared to the prior quarter but down 15% year over year [9][18] - Integrated Memory revenue was $137 million, up 41% year over year [11][18] - Optimized LED revenue was $55 million, down 18% sequentially [13][18] Market Data and Key Metrics Changes - The company is seeing a shift from hyperscaler deployments to broader enterprise adoption, with early signs of workloads evolving towards inference-oriented use cases [6][10] - Demand for memory products is strong across networking, telecommunications, and computing customers, with a focus on addressing AI workload requirements [11][12] Company Strategy and Development Direction - The company is transitioning from a holding company to an AI solutions provider, focusing on customer diversification and new business development [8][14] - Partnerships with ecosystem partners like Nvidia and AMD are being strengthened to support customer success in AI deployments [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position for long-term success, citing a strong balance sheet and a growing customer base [15][28] - The outlook for FY26 includes expectations of 6% net sales growth and $2 of non-GAAP diluted EPS, with a focus on diversifying the customer sales mix [24][27] Other Important Information - The company signed an agreement to sell its remaining 19% stake in Zillia Technologies for $46 million, expected to close in Q3 FY26 [14] - Cash flows from operating activities increased by 125% to $31 million compared to Q1 of the previous year [23] Q&A Session Summary Question: Outlook for fiscal first half versus second half - Management indicated that Q2 revenue is expected to be down sequentially, particularly in advanced computing, but anticipates stronger performance in the second half due to pipeline opportunities [30][36] Question: Challenges in memory supply - Management noted that they are navigating supply constraints effectively, which has allowed for a more favorable outlook for memory revenue growth [32][36] Question: Enterprise engagements and diversification efforts - Management highlighted a shift from hyperscaler spending to enterprise deployments, indicating a strong pipeline for future growth [48][49] Question: Inventory levels as a leading indicator - Management stated that while inventory remains elevated, it is being managed effectively, and inventory turns are healthy [52] Question: Customization of ICE platform - Management is working on integrating their ICE platform with best-of-breed open-source software to provide a comprehensive solution for customers [54][55]

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $343 million, up 2% sequentially and 1% year over year, despite not recognizing any hyperscale hardware revenue [5][17] - Non-GAAP gross margins were 30%, reflecting a favorable mix and execution in the quarter [5][17] - Non-GAAP operating income was $42 million, up 1% year over year, leading to Non-GAAP diluted earnings per share of $0.49, flat year over year [6][20] Business Line Data and Key Metrics Changes - Advanced Computing revenue was $151 million, up 9% compared to the prior quarter but down 15% year over year [9][18] - Integrated Memory revenue was $137 million, up 41% year over year [11][18] - Optimized LED revenue was $55 million, down 18% sequentially [13][18] Market Data and Key Metrics Changes - The company is seeing a shift from hyperscaler deployments to broader enterprise adoption, with early signs of workloads evolving towards inference-oriented use cases [6][10] - Demand signals for the memory portfolio are strong across various sectors, including networking and telecommunications [11] Company Strategy and Development Direction - The company is transitioning from a holding company to an AI solutions provider, focusing on customer diversification and new business development [8][14] - Partnerships with ecosystem partners like NVIDIA and AMD are being strengthened to support customer success in AI deployments [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position for long-term success, citing a strong balance sheet and growing customer base [15][28] - The outlook for fiscal year 2026 anticipates a solid performance, with expectations for stronger second-half sales driven by AI opportunities [24][25] Other Important Information - The company signed an agreement to sell its remaining 19% stake in Zilia Technologies for $46 million, expected to close in Q3 of fiscal 2026 [14] - Cash flows from operating activities increased by 125% to $31 million compared to Q1 of last year [23] Q&A Session Summary Question: Fiscal first half versus fiscal second half guidance - Management indicated that the second quarter revenue is expected to be down, with advanced computing likely driving the sequential decline [30][33] Question: Challenges or constraints in shipping products - Management noted that they are navigating supply constraints effectively, which has allowed for a more favorable outlook for memory revenue [31][32] Question: Enterprise engagements and diversification efforts - Management highlighted a shift from hyperscalers to broader enterprise applications, with a strong pipeline of opportunities [46][49] Question: Inventory levels as a leading indicator for future shipments - Management stated that inventory levels are healthy and that they are buying to orders rather than forecasts [51][52] Question: Customization of ICE to be compatible with open-source platforms - Management is working on building a software stack that combines their ICE platform with best-of-breed third-party software [54][55] Question: Changes in optical memory and related technologies - Management did not see any immediate changes but acknowledged the validation of market opportunities in enhancing bandwidth performance [58]

Core Insights - The World Computing · Changsha Smart Valley is rapidly emerging in the core area of Hunan Xiangjiang New District, with a total investment of 18 billion yuan and a total construction area of approximately 3 million square meters, contributing to Changsha's goal of becoming a global R&D center city [1] - The project is led by Hunan Lugu Development Group, which has an asset scale of 74.8 billion yuan, and has attracted over 200 companies in cutting-edge fields such as artificial intelligence and big data, establishing a comprehensive ecosystem from technology research and development to achievement transformation [1][3] Industry Cluster Development - The park focuses on four core elements: computing power, algorithms, data, and computing applications, with a strategic layout in advanced industries such as artificial intelligence, big data, blockchain, basic software, 5G technology, industrial internet, and information security [3] - To date, over 200 companies have signed agreements to settle in the park, including notable firms like Tenshu Zhixin, Feiqu Medical, and Maijizhi Biological, indicating the formation of a vibrant advanced computing industry ecosystem [3] Technological Foundation and Support - The project is based on the concept of "technology foundation, platform energy," providing comprehensive support for computing power construction, industrial collaboration, achievement transformation, and talent cultivation [5] - The Changsha Artificial Intelligence Innovation Center has established a 200P computing power, making it the largest AI public computing power platform in the province, and the National Independent Innovation Demonstration Zone Achievement Exhibition Hall showcases over 540 scientific and technological achievements [5] Unique Supporting Services - As Hunan's first new-type industrial land project, the park allows for 30% of supporting facilities, aiming to create an integrated environment for work and living [7] - The planning includes two characteristic streets, two hotels, a commercial box, a 10,000 square meter cultural and conference center, and 4,000 talent apartments, fully meeting the diverse needs of enterprises and talents in work, life, and leisure [7] - The project is designed to 5A industrial R&D standards, with real scene presentation allowing companies to experience "zero distance" [7] - Office spaces range from 1,300 to 38,000 square meters for headquarters, and 4,200 to 13,200 square meters for garden-style independent buildings, continuously attracting businesses that align with the industry positioning [7]

Core Viewpoint - The meeting between Suzhou's municipal secretary and the director of the National Advanced Computing Industry Innovation Center emphasizes the collaboration to enhance the AI-driven economy in Suzhou, with a focus on expanding investment and innovation resources in the region [1][2]. Group 1: Investment and Collaboration - The National Advanced Computing Industry Innovation Center, led by its president, plans to increase its investment in Suzhou, aiming to attract more upstream and downstream enterprises in the computing power industry [2]. - The collaboration between the Guanghe Organization and Suzhou has progressed well, with expectations for further investment and the establishment of innovative projects in the city [1]. Group 2: Economic and Industrial Development - Suzhou is recognized for its strong economic foundation, complete industrial system, and dense innovation resources, which are key factors in attracting the National Advanced Computing Industry Innovation Center [2]. - The city is actively working towards becoming an "AI+" city, aligning with national strategies to enhance technological capabilities and contribute to building a strong technological nation [1].

Core Insights - AMD and Eviden have been selected to build Alice Recoque, a next-generation supercomputer aimed at enhancing high-performance computing (HPC) and AI capabilities in Europe, marking it as France's first and Europe's second Exascale supercomputer [1][3] Project Overview - The Alice Recoque project has a total cost of €544 million, funded by EuroHPC JU, the Digital Europe Programme, and the Jules Verne Consortium, which includes contributions from France, the Netherlands, and Greece [2] - The supercomputer will be operated by the Grand équipement national de calcul intensif (GENCI) and the Commissariat à l'énergie atomique et aux énergies alternatives (CEA) [1] Technological Features - Alice Recoque will utilize next-generation AMD EPYC™ CPUs and AMD Instinct™ MI430X GPUs, designed for sovereign AI and scientific computing, integrated into Eviden's BullSequana XH3500 platform [6][10] - The system is expected to deliver over one exaflop of HPL performance while achieving up to 50% better energy efficiency per GPU compared to other Exascale systems [8][9] Strategic Importance - The supercomputer aims to address Europe's critical societal, scientific, and industrial challenges through large-scale simulations, data analysis, and AI [4] - It represents a significant step towards European digital sovereignty, sustainability, and scientific excellence, fostering collaboration among various European nations [3][5] Energy Efficiency and Sustainability - Alice Recoque is designed to be energy-efficient, utilizing 25% fewer racks and components than other Exascale systems, aligning with Europe's green computing goals [8][9] - The system incorporates advanced cooling technologies and real-time energy optimization to enhance sustainability [10]

Core Insights - The Alice Recoque supercomputer will enhance Europe's AI and research capabilities while ensuring energy efficiency and technological sovereignty [1][4][21] Funding and Collaboration - The project has an overall cost of 554 million euros over five years, funded by EuroHPC JU and the Digital Europe Programme, with contributions from the Jules Verne consortium [3][20] - Collaboration involves multiple European entities, including France's GENCI, CEA, and partners from the Netherlands and Greece [3][22] Technical Specifications - Alice Recoque will exceed one Exaflop per second, marking a fiftyfold increase in computing capacity compared to the previous system while only increasing electrical power by five times [2][20] - The system will consist of 94 racks and will utilize next-gen AMD EPYC CPUs and AMD Instinct MI430X GPUs, along with European SiPearl Rhea2 processors [6][11][20] Energy Efficiency - The architecture will achieve up to 50% better energy efficiency per GPU compared to existing Exascale systems and is designed to meet Europe's green computing goals [12][20] - The system will utilize warm water for cooling, ensuring 100% of rack components are cooled efficiently [15][20] Applications and Impact - Alice Recoque aims to address significant societal, scientific, and industrial challenges, including climate modeling, healthcare innovation, and advanced materials [4][7][25] - The supercomputer will support the development of next-generation European foundational AI models and enhance data processing capabilities for scientific instruments [7][8][21] Strategic Importance - The project is seen as a cornerstone for reinforcing Europe's technological leadership in high-performance computing and AI [18][24] - It reflects a collective European ambition for digital sovereignty and aims to strengthen the European tech ecosystem [21][22]

Core Insights - The 2025 Internet Yuelu Conference will be held in Changsha from September 14 to 16, with the theme "AI Leading, Imagining Xiangjiang" [3] - The conference reflects the growth of Hunan's digital economy, evolving from a closed-door discussion to a strategic industry leader [3][4] - The event has grown significantly over the years, with participation increasing from 12 entrepreneurs to over 30,000 attendees [4] Industry Development - The conference will take place at the World Computing Changsha Smart Valley, a key industrial park with a total investment of 18 billion and over 3 million square meters of construction area [6] - This park focuses on advanced computing, including AI, big data, blockchain, and 5G technology, aiming to build a self-controlled advanced computing industry cluster [6][8] - The park has already incubated over 30 benchmark solutions in industrial quality inspection and autonomous driving [8] Policy Impact - Hunan's policies have evolved from merely inviting businesses to actively creating future industries, marking a shift from "attracting investment" to "inviting intelligence" [9] - The introduction of supportive policies in 2014 positioned mobile internet as a strategic emerging industry, coinciding with the 20th anniversary of China's full access to the international internet [8][9] - The region's focus on advanced computing as a key industry reflects a proactive approach to shaping future economic landscapes [9] Technological Advancements - The National Supercomputing Center in Changsha operates the "Tianhe" supercomputer, capable of 20 quintillion calculations per second, showcasing Hunan's capabilities in advanced computing [14] - Local companies are integrating core components into powerful computing devices, supporting a wide range of applications [15] - The establishment of research institutes and innovation platforms in collaboration with universities is driving advancements in advanced computing and digital transformation [15][17] Collaborative Ecosystem - The interconnectedness of various industries in Hunan demonstrates a robust ecosystem where technological breakthroughs in one company can trigger collaborative responses across the sector [17] - Major companies in engineering machinery are incorporating sensors and IoT modules, enhancing their products with intelligent capabilities [17] - The region's advanced computing ecosystem is characterized by resilience and vitality, resembling a rich and diverse rainforest rather than isolated entities [17]

Core Insights - The first quarter of 2025 has presented significant challenges for technology investors, with the S&P 500 facing struggles due to trade tensions and economic policy shifts, leading to dramatic market valuation compressions for innovative companies [1] - Current market conditions have created a rare buying opportunity across various emerging technology subsectors, with transformative companies trading at steep discounts to their potential future values [2] - For investors looking beyond current volatility, three diverse technology disruptors present compelling opportunities for portfolio positioning in the upcoming technological revolution [3] Company Insights Applied Digital - Applied Digital is at the forefront of a critical shift in artificial intelligence (AI) with a focus on power-efficient data infrastructure, despite an 8% year-to-date decline [4] - Morgan Stanley projects a potential 36GW power shortfall for U.S. data centers by 2028, positioning Applied Digital to capitalize on this emerging challenge [4] - The company has secured strategic investments from Nvidia and a $5 billion financing facility from Macquarie Asset Management, although it carries a substantial debt load of $479.6 million and ongoing net losses despite robust revenue growth [5] - The investment narrative for Applied Digital centers on infrastructure emerging as a strategic asset, potentially rivaling AI software in driving the next phase of computing innovation [6] Joby Aviation - Joby Aviation is emerging as a leader in electric urban air mobility, with its stock down 23% year to date, reflecting broader market struggles and industry volatility [8] - The company's air taxis can carry a pilot and four passengers at speeds up to 200 mph, significantly reducing travel times, and it is expanding its market presence through alliances with Virgin Atlantic and Delta Air Lines [9] - Joby plans to carry its first commercial passengers by late 2025 or early 2026, backed by over $933 million in cash reserves and a $500 million commitment from Toyota [10] - Success for Joby hinges on navigating complex FAA certification processes and establishing new regulatory frameworks for urban air mobility operations, which could impact commercialization timelines and costs [11] Poet Technologies - Poet Technologies has seen a 35% decline in shares year to date, presenting a compelling entry point for investors focused on optical infrastructure for AI networks [12] - The company's Optical Interposer platform integrates electronic and photonic components onto single chips, producing high-speed optical engines essential for next-generation data centers [12] - With AI development accelerating, TrendForce projects optical transceiver demand to grow at a 56.5% annual rate, positioning Poet to capitalize on this expansion through partnerships with industry leaders [13] - The company has strengthened its financial position with over $110 million in recent funding and is expanding manufacturing capabilities in Malaysia to meet anticipated demand [13] - Poet's future success depends on flawless manufacturing execution and widespread adoption among hyperscale data centers expanding their AI infrastructure [14]