SWI expands capital by 800 million to grow in AI infrastructure
The investment firm will allocate this injection to develop and rent capacity in data centers and computing for artificial intelligence in Europe and the US.
SWI Group, a holding company formed by the integration of Stoneweg and Icona Capital, has closed a capital increase of €800 million, valuing the group at €6.1 billion. The funds will be used to develop and rent data center and artificial intelligence computing capacity in Europe and the US. This brings the total capital raised by SWI Group to over €1 billion, following a €260 million operation in March. The company, listed on Euronext Amsterdam, now has a total share capital of 558,399,385 ordinary shares.
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