All-stock sale gives Axe Compute equity stake in DataMEDS AI; aligns APU’s operating structure with its scaling GPU-as-a-Service business
PITTSBURGH, Sept. 15, 2026 — Axe Compute Inc. (NASDAQ: AGPU) (“Axe Compute” or the “Company”), a neocloud AI infrastructure platform, today announced the sale of its legacy artificial intelligence cancer diagnostics laboratory business Helomics Corporation (“Helomics”) to DataMEDS AI, Inc. (NASDAQ: MEDS) (“DataMEDS”), a Health IT company vertically integrating health data acquisition and transfer.
Under the agreement, Axe Compute sold its wholly-owned subsidiary Helomics in exchange for common shares and common share equivalents of DataMEDS. This agreement provides Axe Compute with potential future returns from DataMEDS common stock while completing its transition to a pure-play neocloud GPU-as-a-Service business. This transaction completes Axe Compute’s strategic transition to a pure-play neocloud GPU-as-a-Service company.
Helomics Corporation is a Pittsburgh-based functional precision medicine oncology platform that applies artificial intelligence to real-world tumor data to support drug discovery and cancer treatment decisions. It is the final operating business remaining from Axe Compute’s former identity as Predictive Oncology Inc., prior to its name change in December 2025.
“This transaction is the final chapter of Axe Compute’s transformation into a focused, pure-play neocloud GPU-as-a-Service company,” said Christopher Miglino, Chief Executive Officer of Axe Compute. “Just as important, we structured it so that our shareholders keep a stake in the future of AI Helomics. Rather than simply exiting the business, we are becoming an investor in DataMEDS – a company whose health-data and AI platform makes it exceptionally well positioned to scale what our team in Pittsburgh built – while we dedicate the entirety of our team, capital, and operations to meeting the accelerating demand for AI compute.”
“We are thrilled to have completed this strategic transaction that thrusts DataMEDS into the field of oncology, where we know there is a tremendous need to improve patient outcomes, using our data driven approach to healthcare,” said Gerald Commissiong, Interim Co-CEO of DataMEDS.
