DMG Blockchain Solutions recently unveiled multiple investments.
The B.C.-based company, which operates a bitcoin mining and AI data centre in Christina Lake, is investing in Vancouver’s MeetAmi Innovations and Kelowna’s Atomic47 Labs.
Founded in 2019, MeetAmi targets the digital asset wealth management space—a segment where DMG wants to grow exposure, according to chief executive officer Sheldon Bennett.
Atomic47 meanwhile specializes in translating advanced technologies and artificial intelligence into production-grade systems for industries such as pharmaceuticals, agriculture, infrastructure.
“This investment represents an important step to help build [infrastructure for secure, sovereign AI infrastructure in Canada] from the application layer down,” Sheldon said, something DMG is “committed to.”
Earlier this year, DMG Blockchain Solutions was awarded a $1.5 million “energy efficiency incentive” for its deployment of hydro direct liquid cooled server technology at the company’s 65-megawatt, 27,000-square-foot facility in Boundary Country.
Founded in 2011, DMG Blockchain Solutions trades publicly on the TSX-V under the ticker symbol DMGI.
The company, originally launched as a cryptocurrency-oriented firm, mines approximately two dozen bitcoins per month.
Read the full version of this article for free at Techcouver.
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