Mawson Infrastructure signs AI/HPC Colocation agreement for 20MW

Mawson Infrastructure Group announced that it has entered into a binding AI/HPC, Artificial Intelligence/High-Performance Computing, colocation business agreement with BE Global Development Limited to provide an initial 20 megawatts of digital infrastructure for AI/HPC colocation services at a fixed, pre-determined price for the first two years of the Agreement, and with an initial six-year contract term. Rahul Mewawalla, Mawson’s CEO and President, commented, “We’re very excited to sign this AI/HPC colocation services agreement and to enable the future acceleration of AI and HPC. This initial agreement illustrates Mawson’s digital infrastructure capabilities, which now includes AI, HPC, and digital assets. This also positions us 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. We expect the overall AI and HPC infrastructure market to grow to over $200 billion by 2030 and we continue to execute our growth strategy with our expansion into this market.”