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SWI Group reports strong H1 2026 results as it accelerates transformation into a global AI infrastructure and compute platform

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SINGAPORE and AMSTERDAM, Sept. 30, 2026 /PRNewswire/ — SWI Capital Holding Ltd. (Euronext Amsterdam: SWICH) (“SWI Group” or the “Group”) today published its Interim Financial Report for the six months ended June 30, 2026, reviewed by Deloitte.

The first half of 2026 marked a significant step in SWI Group’s transformation into a global digital infrastructure and AI compute platform.

Half-year results

As of June 30, 2026, SWI Group reported €4.4 billion of total assets and €2.3 billion of Adjusted NAV, an increase of 53% since December 31, 2025. Profit for the period amounted to €631.6 million, mainly reflecting the value recognized on the investment in Genesis Digital Assets, subsequently renamed SWI Digital.

The Group is building an integrated digital infrastructure platform spanning approximately 4 GW of power capacity across Europe and the United States, combining powered land, data centers and AI compute infrastructure.

Genesis Digital Assets (SWI Digital)

In June 2026, SWI Group acquired an initial interest in Genesis Digital Assets, subsequently rebranded SWI Digital.

Following the period end, the Group increased its holding to approximately 70% of voting rights and obtained control, creating a major US digital infrastructure platform with approximately 1.2 GW of secured grid connections.

SWI Digital is now executing its business plan, including the optimization of its existing infrastructure and the conversion of suitable bitcoin mining sites into large-scale AI and high-performance computing infrastructure.

Digital infrastructure portfolio

SWI Group’s digital infrastructure activities are held principally through two platforms.

AiOnX, the Group’s European digital infrastructure platform, has approximately 2.3 GW of planned capacity, including one campus leased to a hyperscale tenant.

SWI Digital provides the Group with approximately 1.2 GW of secured grid connections, predominantly in the United States.

Together, these platforms provide SWI Group with a substantial pipeline of powered infrastructure across two of the world’s most important markets for AI and cloud computing.

Building an integrated AI compute platform

SWI Group is expanding beyond the ownership of power, land and data centers into AI compute infrastructure and services.

In August 2026, the Group became a Preferred Partner for Compute, Networking and Enterprise Software in the NVIDIA Partner Network, enabling it to deploy NVIDIA-accelerated infrastructure for AI workloads ranging from model training to production-scale inference.

SWI is assembling a dedicated technology team with experience across NVIDIA, Amazon, Intel and leading hyperscale operators to develop and operate an in-house AI cloud platform for enterprises, research institutions and AI developers.

By combining its European and US infrastructure portfolio with GPU compute capacity, SWI intends to operate across the AI infrastructure value chain — from power and data centers to accelerated computing and AI cloud services.

This vertically integrated model is designed to allow SWI to deploy capital in response to customer demand and capture value across multiple layers of the AI infrastructure ecosystem.

Strategy

SWI Group is accelerating its transformation toward digital infrastructure and intends for the sector to represent more than 90% of total assets by 2027.

The Group intends to concentrate capital and management resources on digital infrastructure, AI compute and related opportunities where its access to power, infrastructure, capital and technology capabilities can create long-term value.

Selected non-core assets, primarily mixed-use development land and hospitality projects, have been classified as held for sale.

Outlook

SWI Group is in advanced discussions with hyperscalers and AI developers regarding long-term offtake agreements across multiple sites.

The potential aggregate contractual value of these opportunities is in the tens of billions USD over their respective contractual terms.

The Group’s near-term priorities are to convert these discussions into contracted capacity, secure the associated financing and accelerate deployment across its European and US platforms.

SWI is also evaluating a US equity capital markets transaction to support the next phase of its digital infrastructure and AI compute strategy, subject to market conditions and the necessary approvals.

The H1 2026 Interim Financial Report is available to investors and other interested parties as a PDF file on SWI’s website: (https://swi.com/reports/). 

This press release contains inside information within the meaning of Article 7(1) of the Market Abuse Regulation (EU) 596/2014.

FORWARD LOOKING STATEMENTS DISCLAIMER

This document contains forward-looking statements, which are statements that are not historical facts and that reflect the Company’s beliefs and expectations with respect to future events and financial and operational performance. Forward-looking statements can generally be identified by the use of words such as “expect”, “anticipate”, “believe”, “intend”, “estimate”, “plan”, “target”, “may”, “will”, “should”, “could”, “seeks”, “continues”, “aims” or similar expressions. These forward-looking statements involve known and unknown risks, uncertainties, assumptions, estimates and other factors, which may be beyond the control of the Company and which may cause actual results or performance to differ materially from those expressed or implied from such forward-looking statements, which should therefore be treated with caution. Readers are cautioned not to place undue reliance on these forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to, those described in the Risk factors section of this report and in the Company’s Annual Report for the year ended 31 December 2025. Nothing contained within this document is or should be relied upon as a warranty, promise or representation, express or implied, as to the future performance of the Company or its business. Any historical information contained in this statistical information is not indicative of future performance. The information contained in this document is provided as of the dates shown and, except as required by law, the Company assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason. Nothing in this document should be construed as legal, tax, investment, financial, or accounting advice, or solicitation for, or an offer to, invest in the Company. No statement in this communication is intended to be a profit forecast.

About SWI Group

SWI Capital Holding Ltd. (www.swi.com), listed on Euronext Amsterdam under the ticker SWICH (ISIN: SGXPZ11CH7U7), is the holding company of the SWI Group. SWI Group operates as a global digital investment platform with long-term holdings across digital infrastructure as a core. The Group delivers best-in-class investment solutions, driving growth, resilience, and long-term value across markets.

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SOURCE SWI Group

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Ives Ultra AI Opportunities Inc. (NYSE: IVAI) Announces Pricing of $200 Million Initial Public Offering

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SAN FRANCISCO, Sept. 30, 2026 /PRNewswire/ — Ives Ultra AI Opportunities Inc. (“IVAI”) today announced the pricing of its initial public offering of 20,000,000 shares of common stock at $10.00 per share. IVAI is the first publicly listed closed-end investment fund dedicated to providing public market investors with access to private AI companies. IVAI has up to 12 months to propose its initial private AI investments and provide investors with the opportunity to tender their shares under its Tender Offer Policy.

Dan Ives serves as Chairman of the Board of Managers of Ives Ultra Capital Management LLC, IVAI’s investment adviser (“the Adviser”). Jeff Leathers is CEO of the Adviser and sits on its Board of Managers. Ed Leathers, CFA, is portfolio manager of IVAI and sits on the Board of Managers of the Adviser; Mr. Ives is not IVAI’s portfolio manager and does not serve on the Investment Committee. Mr. Ives is Partner and Senior Managing Director, Analyst at Yorkville Ives & Co.

IVAI’s shares of common stock are expected to begin trading on the New York Stock Exchange (“NYSE”) on September 30, 2026 under the symbol “IVAI.” IVAI also granted the underwriter an option to purchase up to 3,000,000 shares of its common stock to cover overallotments, if any. The offering is expected to close on October 1, 2026, subject to customary closing conditions.

Cohen & Company Capital Markets, Inc., a division of Cohen & Company Securities, LLC, acted as the sole bookrunner for the offering.

A registration statement on Form N-2, as amended, relating to these securities was filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on September 29, 2026. The offering is being made only by means of a prospectus. Copies of the preliminary prospectus and the final prospectus relating to the offering, when available, may be obtained from Cohen & Company Capital Markets, Inc., a division of Cohen & Company Securities, LLC, 135 East 57th Street, 21st Floor, New York, New York 10022, or through the U.S. Securities and Exchange Commission’s website at www.sec.gov.

Investors should carefully consider IVAI’s investment objectives, risks, charges and expenses before investing. The preliminary prospectus, dated September 28, 2026, contains this and other important information about IVAI and should be read carefully before investing.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Offers of these securities are made only by means of the prospectus. The SEC has not approved or disapproved these securities or passed upon the adequacy of the preliminary prospectus. Any representation to the contrary is a criminal offense.

About IVAI

IVAI is the first publicly listed closed-end investment fund dedicated to providing public market investors with access to private AI companies. The fund seeks to provide exposure to leading private AI companies demonstrating strong growth, market leadership and attractive competitive positioning, with a primary focus on late-stage businesses in AI infrastructure and applied AI. IVAI is advised by Ives Ultra Capital Management LLC, an SEC-registered investment adviser, where Dan Ives serves as Chairman of the Board of Managers.

Forward Looking Statements

This communication contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the completion of IVAI’s initial public offering, the expected commencement of trading of IVAI’s common stock on the NYSE, the expected closing of the offering, the anticipated use of the net proceeds, and IVAI’s investment strategy. Statements other than statements of historical fact included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results or events may differ materially from those expressed or implied by these statements, including those described in the prospectus and IVAI’s other filings with the SEC. IVAI undertakes no obligation to update these forward looking statements to reflect changes since the date of this press release, except as required by law.

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SOURCE Ives Ultra AI Opportunities Inc.

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TrackVia Launches Next Generation of Its AI-Ready Field Operations Platform

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TrackVia IRIS, enterprise AI connectivity, a rebuilt Android application and a modernized user experience expand how organizations run, understand and improve mission-critical operations

DENVER, Sept. 30, 2026 /PRNewswire/ — TrackVia today announced a significant expansion of its Field Operations Intelligence platform, introducing new artificial intelligence capabilities, enterprise AI connectivity, a rebuilt Android application and a modernized web experience designed to help organizations run complex, mission-critical operations more effectively.

TrackVia serves organizations across industries including construction, facilities and property management, manufacturing, gaming, healthcare, hospitality, education and government. These are environments where operational work is complex, constantly changing and often too specialized for traditional off-the-shelf software.

Field teams are under more pressure than ever. Today, there are roughly three open skilled-trade jobs for every qualified worker available to fill them, according to an August 2026 Lightcast analysis. That workforce gap is colliding with rising expectations for faster service, greater productivity and tighter margins, even as the work itself becomes more complex.

TrackVia helps organizations meet that challenge by connecting the people doing the work, the workflows that run the operation and the data needed to make better decisions. Now, TrackVia is bringing artificial intelligence directly into that operational environment, allowing organizations to gain more insight from the systems and processes they already rely on every day.

“Our customers have spent years building incredibly important processes and operational knowledge into TrackVia,” said Aylin Basom, Chief Executive Officer of TrackVia. “Our opportunity now is to help them unlock even more value from that foundation. We want TrackVia to be the place where operational work, operational data and operational intelligence come together.”

“This is much bigger than adding an AI feature,” Basom continued. “We are investing across the entire TrackVia platform, including AI, mobility, user experience, integrations and enterprise readiness. We are making TrackVia easier to use, more intelligent and more powerful so our customers can not only run their operations, but increasingly understand, improve and transform them.”

Introducing TrackVia IRIS: AI for Operational Intelligence

At the center of TrackVia’s AI strategy is TrackVia IRIS, the company’s artificial intelligence layer for operational intelligence. Now users can ask questions about their operational data using natural language and receive answers directly within TrackVia. Instead of navigating multiple dashboards or waiting for someone to analyze the data, users can now ask questions about the information already available to them and get the insight they need more quickly.

TrackVia IRIS is designed with enterprise controls in mind and respects TrackVia’s existing permissions model, meaning users can only access information they are already authorized to see.

Connecting TrackVia to the Enterprise AI Ecosystem

TrackVia is also introducing support for Model Context Protocol (MCP), enabling organizations to securely connect TrackVia with AI platforms and assistants they already use, including Claude, ChatGPT, Microsoft Copilot and Gemini.

Through MCP, organizations can connect their TrackVia operational environment with the AI tools they choose, creating new possibilities for querying information, building applications, improving workflows and making operational data more accessible across the business.

“With the new MCP capabilities, I was able to build and refine a new fleet management application in just 20 minutes,” said one TrackVia customer.

This approach allows TrackVia to remain the operational system of record while giving customers greater flexibility in how they adopt and use AI.

Built for the People Doing the Work

TrackVia’s investment extends beyond AI. The company has also rebuilt its Android application on a modern technical foundation, delivering improved performance, reliability and usability for employees working in the field.

TrackVia has long enabled field teams to continue working even when connectivity is limited or unavailable, an essential capability for organizations operating at construction sites, facilities, manufacturing environments and other remote locations. The new Android experience brings TrackVia’s modernized interface to mobile users and establishes a stronger foundation for continued innovation across both Android and iOS.

For organizations with employees working across job sites, facilities, plants and other distributed environments, mobile technology is not simply an extension of the operational platform. It is often where the work actually happens.

A More Modern, Intuitive TrackVia Experience

TrackVia is also rolling out a refreshed web experience developed in response to customer feedback. The redesigned experience provides simpler navigation and a more intuitive interface while preserving one of TrackVia’s core advantages: the ability to configure technology around the way an organization actually operates.

Organizations should not have to redesign complex operations around rigid software. TrackVia allows customers to build and evolve operational applications around their own processes, helping them respond as requirements, teams and business conditions change.

The modernized experience makes TrackVia easier for new users to adopt while giving existing customers a stronger foundation for increasingly sophisticated operational workflows.

About TrackVia

TrackVia is a Field Operations Intelligence platform that helps organizations connect, control and continuously improve mission-critical operations.

TrackVia brings together field teams, operational workflows and enterprise data to create real-time visibility, automate work and turn operational data into actionable intelligence. With configurable operational applications, mobile capabilities, enterprise integrations and AI-powered intelligence, TrackVia helps organizations adapt as operations change without adding another rigid point solution or relying on costly custom development.

TrackVia serves organizations across construction, facilities and property management, manufacturing, gaming, healthcare, hospitality, education and government.

To learn more, visit trackvia.com.

Media Contact

Daniel Dorr TrackVia, daniel.dorr@trackvia.com

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SOURCE TrackVia

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ARC Bio Demonstrates Canadian Forest Residue Pathway to Sustainable Aviation Fuel

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Pilot-scale refinery co-processing demonstrates a pathway to convert forest industry residues into low-carbon jet fuel using existing infrastructure.

PORT-CARTIER, QC, Sept. 30, 2026 /CNW/ — ARC Bio, the Canadian joint venture between an affiliate of Bioénergie AE Cote-Nord Canada Inc. (“Bioénergie AECN”) and Alder Renewables, today announced the successful demonstration of a pathway to produce sustainable aviation fuel (“SAF”) from Canadian forest residues through refinery co-processing.

The demonstration brings together Canada’s forest products industry, renewable fuels technology and existing refining infrastructure to show how residual woody biomass can be converted into a refinery-ready biocrude for processing alongside conventional feedstocks to produce transportation fuels, including SAF.

“Canada has the biomass feedstock, the forest sector expertise, the industrial capability and the refining infrastructure to build an important new clean fuel value chain,” said Serge Mercier, President of Bioénergie AECN. “This work creates a direct connection between Canada’s forest sector economy and the growing need for low-carbon fuels in aviation and marine transportation markets.”

The project upgraded fast pyrolysis bio-oil produced from Canadian forest residues by Bioénergie AECN in Port-Cartier into barrel-scale quantities of Alder Renewable Crude (ARC). This biocrude was then processed in a fluid catalytic cracking, or FCC, pilot unit that simulates commercial refinery operation. Carbon-14 analysis of the resulting fuel products confirmed the presence of biogenic carbon from the wood residue-derived feedstock.

The FCC campaign successfully produced a jet-range fuel fraction that was isolated and evaluated for blending compatibility with HEFA-based SAF produced from fats, oils and greases. The resulting SAF blend met the key ASTM D1655 fuel-property specifications evaluated in the screening. The work represents an important step toward demonstrating that biocrude produced from Canadian forest residues can enter existing refinery infrastructure and be converted into finished transportation fuels.

“The significance of this demonstration is not simply that we produced a renewable jet-range fuel,” said Derek Vardon, CEO of Alder Renewables. “We demonstrated a pathway connecting Canadian forest residues with refinery infrastructure already operating at commercial scale. That creates the potential for a scalable, capital-efficient route to bring forest-derived renewable carbon into aviation fuel markets.”

With financial support from Boeing, the project was established to validate the conversion of forest residues into SAF in Canada and generate the technical and economic data needed to support future commercial-scale facilities.

A New Market Opportunity for Canada’s Forest Sector

Canada’s forest industry generates large volumes of wood residues. As traditional markets face changing demand and international trade pressures, creating higher-value uses for these residues can strengthen forest-sector economics while supplying renewable carbon to industries that are difficult to decarbonize.

The project also demonstrates opportunities to create value from low-value woody biomass, including forest residues generated through forest management and wildfire-risk reduction, where appropriate feedstock supply chains can be established.

By converting these materials into an energy-dense, transportable biocrude, ARC Bio is developing a model that connects distributed forestry resources with large-scale fuel refining infrastructure.

Leveraging Refinery Infrastructure Already in Place

Unlike pathways requiring an entirely new standalone fuel refinery, ARC Bio’s approach is designed to integrate with existing refinery operations. Fluid catalytic cracking is widely used in refineries around the world to produce transportation fuel components. Introducing Alder Renewable Crude into an FCC process creates a pathway connecting renewable feedstocks with existing commercial fuel production assets.

The next stage of the program will generate additional refinery-relevant data to support larger-scale trials. ARC Bio’s roadmap is ultimately aimed at enabling a first-of-a-kind Canadian commercial project combining forest-residue conversion, biocrude production and refinery integration.

Learn more about ARC Bio’s milestone and latest activities at ARC Bio News.

About ARC Bio and its Partners

ARC Bio is a Canadian joint venture between an affiliated company of Bioénergie AECN and Alder Renewables focused on converting Canadian forest residues into renewable fuels. The collaboration combines commercial fast pyrolysis, renewable crude upgrading, and refinery processing to advance sustainable aviation fuel and marine fuels in Canada. Bioénergie AECN operates North America’s largest fast pyrolysis bio-oil facility using wood residue feedstocks in Port-Cartier, Quebec. The Port-Cartier facility has an annual production capacity of 40 million litres of bio-oil. Alder Renewables develops upgrading technology that converts fast pyrolysis bio-oil into refinery-ready biocrude for downstream production of low-carbon fuels and other industrial products.

SOURCE Arc-Bio

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