Bitcoin Mining Firm Luxor Raises $16 Million to Scale Its AI Compute Push

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.

By Decrypt Staff

Image accompanying: Bitcoin Mining Firm Luxor Raises $16 Million to Scale Its AI Compute Push

Bitcoin mining firm Luxor has raised $16 million in a funding round led by CMT Digital. Mining-hardware makers Canaan and MicroBT also participated in the round.

The capital will fund Luxor's expansion into AI compute trading, hardware and derivatives.

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