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SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
First reported Source: Bitcoin.com NewsLast editorial activity
What happened
SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers. 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.
Sources & evidence
- Bitcoin.com News Reporting source
SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom ↗
https://news.bitcoin.com/crypto-news/swi-turns-ftxs-former-bitcoin-mining-infrastructure-toward-ai-boom/