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RegulationSource: Bitcoin.com News ·

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.

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