Duos said its Duos Edge AI unit signed a definitive GPU-as-a-Service contract with Hydra Host to deploy a high-density NVIDIA GPU cluster for a global technology company. The contract is expected to generate about USD 176 million in revenue over 36 months and includes an initial USD 18 million customer prepayment. Duos said the contract is expected to contribute more than USD 50 million in annual revenue and more than USD 40 million in annual EBITDA. The agreement also includes an additional 4.3 MW high-power Edge Data Center deployment.

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