According to Odaily, UAE-based investment firms Hodler Investments and Gewan Holding have unveiled plans to launch a $500 million Digital Energy Infrastructure (DEI) fund. The DEI fund aims to invest in a variety of projects, including power generation, data mining, blockchain, Depin, and artificial intelligence. Additionally, it will support startups and software development related to these sectors.

A statement revealed that the fund has already secured soft commitments from major investors, in-kind donations, and underwriting partners. The focus will be on seeking energy and connectivity solutions for artificial intelligence (AI) and digital asset mining businesses.