FTX-linked bitcoin miner’s data centers are being readied for AI

The Wall Street Journal reports SWI Group has become the majority owner of Genesis Digital Assets, a bitcoin miner in which Sam Bankman-Fried’s Alameda Research invested more than $1 billion. SWI hopes to make its data centers in the U.S. and Sweden available to major cloud providers. It also announced €800 million in funding to upgrade and expand its data centers; its CEO says he has “zero interest” in bitcoin mining.