Phoenix Group Bets on Lyon to Anchor $8 Billion AI Push as BTC Mining Slump Deepens (opens in new tab)

Phoenix Group is pushing deeper into artificial intelligence after a 43% revenue slide in 2025, signing French developer DC Max to build an 18-megawatt AI data center in Lyon, the first European deployment in what the Abu Dhabi-listed firm says will scale to more than one gigawatt of capacity.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)The Lyon facility is the inaugural site under what Phoenix is calling its European Data Center Platform, a partnership...