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Mawson Infrastructure Group Announces Expansion into AI and HPC Markets
Mawson Signs AI/HPC Colocation Agreement
Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson"), a leading provider of digital infrastructure for digital currency mining and other applications, announced today that it has signed a colocation agreement with a major provider of artificial intelligence (AI) and high-performance computing (HPC) services. Mawson will develop and operate a custom facility for the customer, providing it with access to the company's state-of-the-art infrastructure and expertise in the design and operation of large-scale data center facilities.The AI/HPC market is growing rapidly, driven by the increasing demand for data processing and analytics in a wide range of industries, including healthcare, financial services, retail, and manufacturing. Mawson's expansion into this market will allow the company to leverage its existing infrastructure and operational capabilities to serve a new and growing customer base.
"We are excited to expand our operations into the AI and HPC markets," said James Manning, CEO of Mawson. "These industries are critical to the future of the digital economy, and we believe that our deep technical expertise and commitment to delivering high-quality infrastructure will make us a valuable partner to companies in these sectors. We look forward to working with our new customer to provide them with the infrastructure they need to power their businesses and drive innovation."
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