Mining giant MARA Holdings has made a major move into artificial intelligence (AI) by acquiring a substantial stake in Exaion, a subsidiary of Électricité de France. The company’s investment amounts to $168 million for a 64% ownership share, with the potential to increase this to 75% over time. This strategic acquisition is MARA’s largest AI venture to date and marks their entry into high-performance computing (HPC) capabilities. Exaion, specializing in HPC data centers and AI infrastructure, partners with industry giants like Nvidia and Deloitte. This move aims to strengthen MARA’s global presence in the field of AI, particularly for serving enterprise and public sector clients. This strategic investment is expected to close by Q4 of this year, pending regulatory approvals.