SWI Stoneweg Icona Group Acquires Majority Stake in Polarise

SWI Stoneweg Icona Group, a prominent entity listed on Euronext Amsterdam, is significantly expanding its digital infrastructure footprint by acquiring a majority stake in Polarise, a leading European NVIDIA Cloud Partner. This strategic move injects substantial capital and expertise into the burgeoning field of AI compute, aiming to establish a fully integrated European AI infrastructure platform.

The transaction, which values Polarise at an estimated EUR 0.5 billion post-investment, sees SWI Group commit an additional EUR 1.0 billion to accelerate Polarise's digital infrastructure expansion. This substantial financial backing underscores SWI Group's conviction in the escalating demand for AI computing power across the continent and its commitment to developing robust, income-generating digital assets.

Polarise, headquartered in Germany, specializes in providing the foundational infrastructure for artificial intelligence, offering high-performance computing (HPC) capabilities through its integrated hardware and software solutions. As an official NVIDIA Cloud Service Provider and Preferred NVIDIA Partner, Polarise has demonstrated its prowess by launching industrial-scale AI Factories in Germany, in collaboration with Deutsche Telekom and NVIDIA, and previously in Oslo, Norway. The company brings over 15 years of experience in serving enterprise and sovereign AI computing needs.

This partnership is set to amplify Polarise's capabilities by integrating its GPU-as-a-Service and AI-as-a-Service offerings with SWI Group's existing 2.3 GW AiOnX data centre platform. This synergy is designed to expedite the deployment of advanced AI infrastructure across Europe, leveraging AiOnX's extensive network and Polarise's specialized expertise. The combined entity aims to become a dominant player in the European AI digital infrastructure market.

Max-Hervé George, Founder and CEO of SWI Group, expressed enthusiasm for the collaboration, stating, "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." This sentiment was echoed by Michel Boutouil, Founder and CEO of Polarise, who highlighted the accelerated mission and the critical need for Europe to advance in the global AI race, emphasizing the value of SWI Group's financial commitment and existing power infrastructure.

The substantial capital infusion will empower Polarise to execute secured acquisitions and expand its operational capacity, while SWI Group gains greater control over future operational elements. This strategic alignment is poised to create cutting-edge AI factories powered by NVIDIA's latest GPU technology, addressing the critical need for scalable and reliable AI compute solutions in a rapidly evolving technological landscape. The combined forces of SWI Group, AiOnX, and Polarise are actively constructing a comprehensive European AI infrastructure ecosystem, encompassing power, compute, and delivery services.