SWI raises €800 million for AI data-center expansion
SWI Group announced a new equity raise on October 12 to expand its data centers and computing capacity in Europe and the United States. The Wall Street Journal interviewed CEO Max-Hervé George, who said SWI plans to put former Genesis Digital mining sites to work for cloud providers; those conversions remain plans.
ThereforeCloud providers could gain capacity at former bitcoin-mining sites if SWI completes the conversions.