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Mawson Infrastructure Group Inc. Signs AI/HPC Colocation Agreement with BE Global Development Limited

Aug 12, 2024•almost 2 years ago

Contract Type

agreement

PittsburghInformation TechnologyHealthcare

Description

Mawson Infrastructure Group Inc. has announced the signing of a binding AI/HPC colocation business agreement with BE Global Development Limited, involving the provision of an initial 20 megawatts (MW) of digital infrastructure for AI/HPC colocation services at a fixed, pre-determined price for the first two years of the Agreement, with an initial six-year contract term. This positions Mawson as a competitive provider of digital infrastructure platforms and capabilities for cutting-edge compute operations such as AI and HPC in addition to digital assets.

Company Information

Company

Mawson Infrastructure Group

Location

950 Railroad Avenue

Pittsburgh, Pennsylvania, United States

About

Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets. The Company's digital infrastructure platforms can be used to operate computing resources for a number of applications, and are offered across digital assets, artificial intelligence (AI), high-performance computing (HPC) and other computing applications. Our innovation, technology, and operational expertise enables us to operate and optimize digital infrastructure to accelerate the digital economy. The Company has a strategy to prioritize the usage of carbon-free energy sources, including nuclear energy, to power its digital infrastructure platforms and computational machines.

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