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Mergers, Acquisitions, and Business Moves by EverWebinar
Genesis Digital Assets Limited
- Digital Infrastructure
- Medium
SWI Group acquires US$ 500 million stake in Genesis Digital Assets
SWI Group has acquired a US$ 500 million stake in Genesis Digital Assets Limited, transitioning its infrastructure from cryptocurrency mining to high-performance computing and AI workloads. This acqu...isition expands SWI's digital infrastructure portfolio, aligning with industry trends of repurposing mining facilities for AI computing.
SWI Group Acquires Majority Stake In Genesis Digital Assets
SWI Group has acquired a majority stake in Genesis Digital Assets, enhancing its digital infrastructure presence in the U.S. This acquisition supports high-performance computing and AI workloads, exp...anding SWI's capacity to over 3.6 GW. The move positions SWI as a global leader in vertically integrated AI and cloud computing capabilities.
AiOnX completes $500m Genesis Digital Assets deal, will pivot crypto ...
USA
AiOnX has acquired a majority stake in Genesis Digital Assets (GDA) for $500 million, marking a strategic shift from cryptocurrency mining to AI and high-performance computing. The acquisition allows... AiOnX to convert GDA's 15 data centers in the US and Sweden for AI workloads, enhancing its capacity to offer neocloud services to hyperscalers.
AiOnX Completes $500 Million Genesis Digital Assets Deal and ...
AiOnX has acquired a 77% stake in Genesis Digital Assets for $500 million, converting its data centers in the US and Sweden to support AI and HPC workloads. This acquisition increases AiOnX's data ce...nter capacity to 3.6GW across the US and Europe, aligning with its strategy to pivot from cryptocurrency mining to AI infrastructure.
