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Bitcoin mining firm Luxor raises $16 million for artificial intelligence expansion

Bitcoin mining infrastructure firm Luxor Technology has raised $16 million in a strategic funding round.

  • Luxor Technology raised $16 million in a strategic funding round led by CMT Digital.
  • Bitcoin mining hardware makers Canaan and MicroBT participated in the funding round.
  • Luxor will use the funds to scale its cloud platform and hardware business.
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