PANews reported on August 27 that according to Bitcoin.com, UAE-based investment companies Hodler Investments and Gewan Holding announced plans to launch a $500 million Digital Energy Infrastructure (DEI) fund. The DEI fund will invest in various projects, including power generation, data mining, blockchain, DePIN, and artificial intelligence. It will also support startups and software development related to these fields.
The fund, which has so far received soft commitments from anchor investors, in-kind contributions and offtake partners, seeks energy and connectivity for artificial intelligence (AI) and digital asset mining operations, according to a statement.
