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VivoPower secures $30M for AI data centers - ICYMI
VivoPower International PLC has secured $30 million in PIPE financing from strategic investors, including Blue Sky Capital, to pivot entirely towards AI data center development. The company is exiting its digital treasury and electric vehicle businesses to focus on land acquisition, permitting, construction, and leasing of AI data centers to hyperscalers. VivoPower sees massive global demand for AI infrastructure, particularly in the Nordics, GCC, and Korea, which they consider the “oil fields of the future.”