Luxor Secures $16M From CMT Digital as AI Meets Bitcoin Mining

Luxor Technology, a full-stack compute company tied to Bitcoin mining infrastructure, has raised $16 million in a strategic funding round led by CMT Digital . The investment round also included participation from Canaan , MicroBT , Halo , Steelhead , along with additional angel investors, according to a Tuesday announcement shared with Cointelegraph . The new capital is intended to strengthen Luxor’s “agentic cloud” platform, expand its AI-focused hardware business, grow its compute derivatives trading capabilities, and support further hiring.

Source: Crypto Breaking News