SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelligence boom after SWI Group took majority control. SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers. Genesis Digital Pivots From Bitcoin Mining to AI Data Centers A bitcoin […]
Key Takeaways
- Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelligence boom after SWI Group took majority control.
- SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers.
- Genesis Digital Pivots From Bitcoin Mining to AI Data Centers A bitcoin […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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