SWI Group Completes €800 Million Financing to Expand Data Center and Computing Infrastructure Layout

BlockBeats news, October 12: SWI Group has raised €800 million (approximately $895 million) from institutional investors to expand its AI data center and computing infrastructure footprint in the United States and Europe.

The company also plans to convert eligible old Bitcoin mining farms into AI infrastructure and is actively seeking cooperation agreements with hyperscale cloud service providers.