According to ChainCatcher, UAE-based Hodler Investments and Gewan Holding plan to launch a $500 million digital energy infrastructure fund. The fund aims to invest in energy infrastructure projects that support the growth of the digital economy, including power generation, data mining, blockchain, decentralized physical infrastructure, and artificial intelligence.

The fund, which has so far received soft commitments from major investors, in-kind contributions and offtake partners, seeks energy and connectivity for artificial intelligence (AI) and digital asset mining operations, according to a statement.