SWI Group Reports €631.6 Million Profit as AI Infrastructure Portfolio Grows
SWI Group reported €4.4 billion in total assets and €631.6 million in profit for the first half of 2026, according to figures published in a press release. Adjusted net asset value reached €2.3 billion as of June 30, up 53% from the end of 2025, while profit mainly reflected the value recognized from its investment in Genesis Digital Assets.
SWI acquired an initial interest in Genesis Digital Assets in June and later increased its holding to about 70% of voting rights. The business, renamed SWI Digital, has about 1.2 GW of secured grid connections, mainly in the United States, and plans to convert suitable bitcoin mining sites for AI and high performance computing. SWI's European AiOnX platform has about 2.3 GW of planned capacity.
The group joined the NVIDIA Partner Network as a Preferred Partner for Compute, Networking and Enterprise Software in August. It is building an internal AI cloud platform and plans for digital infrastructure to account for more than 90% of total assets by 2027. SWI is also evaluating a US equity capital markets transaction, subject to market conditions and approvals.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Silicon Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Data Centers
Sep 30 Kao Data Names Bruce Claassen Chief Financial Officer Sep 30 Virtus Solis Signs 20 Year Space Solar Deal With Brae Systems Sep 30 Corvex Launches Token Factory for Open Weight AI Inference Sep 30 Transmart Expands Magnetic Core Sales Push to North American AI Data Centers Sep 30 NGEN Launches Data Center Power and Cooling Supply ServiceAI Funding Brief
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
BCG Finds Nearly Half of Companies Generate Value From AI
Broadcom AI semiconductor revenue reaches $16.7 billion
AI Score Raises $5.4 Million for AI Governance Platform
AI Cases Drove 73 Percent of Investor Losses in Early 2026
OpenAI Issued Warrants Worth $5.5 Billion in SB Energy, WSJ Reports
Daily AI Brief: the AI news that matters, in your inbox.