Bitcoin Mining Firm Luxor Raises $16 Million to Scale Its AI Compute Push
Summary
Cryptocurrency mining company Luxor has secured sixteen million dollars in a funding round led by CMT Digital, with participation from Canaan and MicroBT. The capital will enable the firm to expand its operations in artificial intelligence compute trading, hardware, and derivatives markets.
The CMT Digital-led round, which drew mining-hardware makers Canaan and MicroBT, will fund Luxor’s expansion into AI compute trading, hardware and derivatives.
Source: Read the full story at Decrypt
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