Follow UsLuxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence
Bullish+0.31%
27 Oct, 13:01
Source: Cointelegraph
AI Summary
Luxor secures $16M in funding to expand its AI infrastructure and GPU sourcing capabilities, highlighting growing demand at the intersection of artificial intelligence and cryptocurrency mining.
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.