1 min read
Add as a preferred source on GoogleAxe Compute and Peguin Shares Fall as AI Partnership Is Announced
Axe Compute was down about 7% to $8.99, while Peguin fell about 8% to $72.25 in Wednesday morning trading.
Axe Compute Inc. (AGPU) and Peguin (PENG) shares declined in Wednesday morning trading as the companies announced a multi-year partnership to support projects that speed the rollout of AI infrastructure.
Axe Compute shares were down about 7% at $8.99, while Peguin shares had fallen about 8% to $72.25 at 10:19 a.m. ET (14:19 UTC) on Oct. 14.
The partnership will support multiple AI infrastructure projects.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.