Bitcoin miners’ move into AI is creating a new market for trading computing power
Summary
Luxor successfully secured sixteen million dollars in new funding to broaden its operations into artificial intelligence equipment and brokerage services. The company aims to establish a marketplace where businesses can actively manage and hedge their computing expenses.
Luxor raised $16 million to expand into AI hardware and trading, betting that computing power will become a market where companies can hedge costs and prices.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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