FingerMotion and Genius Group Form Joint Venture for 100 MW Alberta Data Center Program

FingerMotion and Genius Group's joint venture for a 100 MW data center program in Alberta could generate over $100 million in revenue, signaling a major expansion into AI infrastructure.

AI Industry News Staff
••Technology
FingerMotion and Genius Group Form Joint Venture for 100 MW Alberta Data Center Program

FingerMotion Inc. (NASDAQ: FNGR) and Genius Group Limited (NYSE American: GNS), together with BlueFlare Energy Solutions Inc., have announced a second binding agreement to establish a joint venture for the Brooks Corridor Campus Program in Alberta, Canada. The program covers up to 100 megawatts (MW) of powered land and colocation campuses, with the first planned site, Brooks Campus No. 1, a permitted 9.9 MW facility in the County of Newell, expected to have powered land available in the first quarter of 2027. Each campus will be owned 75% by FingerMotion and 25% by Genius Group, while BlueFlare will handle development, construction, and operations.

This announcement builds on the partners’ October announcement of GENIUSpark Alberta and its initial artificial intelligence (AI) compute site in Hanna. The joint venture represents a significant step into the AI infrastructure space for FingerMotion, a company traditionally focused on mobile payment and recharge platform solutions in China. The move could diversify its revenue streams and position it to capitalize on the growing demand for data center capacity driven by AI and cloud computing. BlueFlare has also entered into a nonbinding expression of interest for up to 7 MW of high-performance computing colocation capacity at Brooks Campus No. 1. If fully operational, the capacity is estimated to generate $20 million to $25 million in annual revenue, potentially exceeding $100 million over an initial five-year term.

However, closing of the first campus remains subject to client contracts, financing, due diligence, and regulatory approvals. Investors can view the full press release at https://ibn.fm/g6tFH and access the latest news and updates relating to FNGR in the company’s newsroom at https://ibn.fm/FNGR. The announcement was disseminated through ChineseWire, a specialized communications platform focused on promising China-based companies listed in North America. ChineseWire is part of the Dynamic Brand Portfolio at IBN, which provides access to wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and tailored corporate communications solutions.

The joint venture underscores FingerMotion’s strategic pivot toward high-growth technology infrastructure, leveraging its partnership with Genius Group and BlueFlare to tap into the booming AI data center market. If successful, the Brooks Corridor Campus Program could significantly enhance FingerMotion’s revenue profile and market valuation, though execution risks and financing conditions remain key factors to watch.

Blockchain Registration

QR Code for Blockchain Registration