Oxbridge Re Launches AI GridWorks to Develop and Own AI Data Centers

GRAND CAYMAN, Cayman Islands, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the “Company”), today announced the launch of AI GridWorks, a new AI infrastructure platform focused on the development and ownership of AI data centers and related infrastructure.

AI GridWorks, Oxbridge intends to develop, own and operate AI data centers designed to support the rapidly growing demand for AI compute infrastructure while applying the same disciplined, long-term approach that has guided the Company's growth and innovation.

AI GridWorks will pursue projects ranging from approximately 10 MW to 100 MW, with an initial emphasis on facilities of approximately 50 MW, while maintaining the flexibility to pursue larger strategic opportunities as customer demand and market conditions evolve.

AI GridWorks is building the capabilities necessary to execute its long-term AI infrastructure strategy, including expertise across power infrastructure, real estate, engineering, development and operations. As projects advance, the Company expects to engage leading engineering, construction and technology firms where appropriate.

The launch of AI GridWorks represents the first phase of Oxbridge's broader AI infrastructure strategy and reflects the Company's commitment to building innovative businesses in attractive, high-growth markets while leveraging the governance, transparency and financial discipline of a NASDAQ-listed public company.

As Oxbridge expands into AI infrastructure, the Company believes its experience developing innovative businesses through SurancePlus provides a proven foundation for this next chapter of growth. Through SurancePlus, Oxbridge pioneered the tokenization of institutional-quality reinsurance securities on the Solana blockchain and demonstrated its ability to identify emerging opportunities, assemble experienced teams, execute innovative business strategies and operate within the governance and transparency expected of a public company.

“The rapid adoption of artificial intelligence is creating unprecedented demand for computing infrastructure. AI GridWorks was formed to develop and own AI data centers and related infrastructure. We believe owning and developing these critical AI infrastructure assets has the potential to create significant long-term value for our shareholders.” said Jay Madhu, Chairman and CEO of Oxbridge and AI GridWorks.

For more information, visit www.oxbridgere.com, www.suranceplus.com, and www.aigridworks.ai