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SWI Group Expands in AI with Polarise Investment
SWI Stoneweg Icona Group, listed on Euronext Amsterdam, has announced a majority investment in Polarise, a prominent European NVIDIA Cloud Partner. This acquisition marks SWI's strategic expansion into AI compute, enhancing their AiOnX data center platform with GPU- and AI-as-a-Service capabilities.
Polarise, based in Germany, is valued at EUR 0.5 billion post-investment. SWI is committing an additional EUR 1 billion to bolster Polarise’s growth in digital infrastructure. This deal supports SWI's mission to develop scalable digital assets in Europe.
The partnership will enable Polarise to expand its AI factories, leveraging SWI's existing 2.3 GW platform across Europe. This move aligns with SWI's objective to establish a leading digital infrastructure across the continent.
Both companies anticipate this collaboration will expedite their respective growth trajectories, unlocking new opportunities in the burgeoning AI sector in Europe.
R. E.
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