Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence
Summary
Luxor has secured sixteen million dollars in funding from CMT Digital to expand its artificial intelligence infrastructure and GPU sourcing services. The company plans to use the capital to scale operations as global chip supply chains experience ongoing constraints.
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained.
Source: Read the full story at Cointelegraph.com News
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