Duos Technologies Group, Inc. (Nasdaq: DUOT), a leading provider of adaptive, modular, and scalable Edge Data Center (EDC) solutions, has closed its underwritten public offering of 8,666,666 shares of common stock, generating approximately $65 million in gross proceeds. The offering included participation from several of the Company’s largest existing institutional shareholders alongside new institutional investors, closing on March 2, 2026.

“This financing represents a strong vote of confidence from both new and existing investors, as well as our new strategic partner Hydra Host, in Duos’ leadership, strategy and growth trajectory,” said Doug Recker, incoming Chief Executive Officer. “With this capital now secured, we can pursue our $200 million LOI, while accelerating the commercialization of our high-power EDC business model. We are expanding our Edge AI platform, advancing hyperscaler-aligned AI infrastructure initiatives, and positioning the Company to scale toward our 2026 objectives. Demand for distributed AI compute and GPU capacity continues to build, and we believe Duos is strategically positioned to convert that demand into sustained revenue growth and long-term shareholder value.”

The financing directly positions Duos to pursue its approximately $200 million NVIDIA GPU hosting letter of intent with Hydra Host, with net proceeds directed toward expanding and commercializing the Company’s high-power Edge Data Center business, as well as working capital and general corporate purposes. Titan Partners, a division of American Capital Partners, acted as sole bookrunner for the offering.

To learn more about Duos Technologies Group, Inc., visit www.duostechnologies.com.

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A happy month of February to you! The big players have dominated the HPC-AI news front of late, here’s a fast (8:44) recap of recent developments, including: Microsoft Maia 200 chip for AI inference, Nvidia H200 (not H20) ....

The post HPC News Bytes 20260202: Microsoft’s Inference Chip, H200 (Not H20) GPUs for China, Mega AI Data Center Deals appeared first on Inside HPC & AI News | High-Performance Computing & Artificial Intelligence.