SWI Group Raises $800 Million Investment At €6.1 Billion Valuation For AI Expansion

SWI Group raised €800 million ($895 million) from institutional investors at a €6.1 billion valuation to expand its AI infrastructure business across the U.S. and Europe. The company plans to convert Genesis Digital’s bitcoin mining sites into data center capacity for hyperscale cloud providers, leveraging more than 1.3 gigawatts of grid connections across 15 facilities. SWI founder and CEO Max-Hervé George said legal disputes with FTX and other shareholders had been settled, while the new funding will support infrastructure, computing capacity and development projects. FOUNDER: Max-Hervé George AMOUNT: $8,950,000 VALUATION: $6,800,000,000 HQ: Luxembourg City, Luxembourg #VentureCapital #SWIGroup #MaxHervéGeorge #TradedVC