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SWI Group Targets AI Dominance with $500 Million US Infrastructure Buy

SWI Group Targets AI Dominance with $500 Million US Infrastructure Buy

London-based SWI Group has secured a significant stake in Genesis Digital Assets Limited for $500 million, pivoting 1.3 gigawatts of American power infrastructure away from cryptocurrency mining toward high-performance computing and artificial intelligence, a move that pushes the firm’s total transatlantic capacity to 3.6 gigawatts.

The deal grants SWI Group control over 15 U.S.-based facilities, including hyperscaler-grade sites situated in Texas. By integrating these assets with its existing AiOnX platform—which spans Ireland, the UK, Denmark, Spain, and Italy—the investment conglomerate now commands one of the largest independent digital infrastructure footprints globally. Upon closing, the group will hold roughly 38.3% of the total shareholding in Genesis Digital Assets.

Max-Hervé George, founder and CEO of SWI Group, characterized the acquisition as the logical evolution of a strategy focused on power connectivity since 2020. The company plans to leverage its operational expertise from the AiOnX platform to retrofit the newly acquired facilities for AI workloads. This transition aims to maximize the utility of existing grid connections, which the group views as the most critical commodity in the current digital landscape.

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