SWI Stoneweg Icona to acquire a majority stake in Polarise.

SWI Stoneweg Icona, an alternative investment company, agreed to acquire a majority stake in Polarise, a company that develops and operates sustainable, high-performance AI data centers and cloud infrastructure across Europe. Financial terms were not disclosed. "We are extremely excited about partnering up with such an esteemed player in the GPU- and AI-as-a-Service business, allowing us to extend our existing investment in data centers to encompass the critical operating elements pertaining to GPU compute and client interface. Our ambition targets the creation of the foremost digital infrastructure developer and operator in Europe. We cannot imagine a better way to do it than with the extraordinary team at Polarise," Max-Hervé George, SWI Founder and CEO.