Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI

FortuneTuesday, November 18, 2025 at 1:00:00 PM
Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI
  • Bitfury has launched a $1 billion initiative to invest in ethical technology and AI, with plans to spend $200 million in the next year on projects like self-sovereign identity and quantum tech. This marks a significant shift for the company, traditionally known for Bitcoin mining, as it seeks to diversify its portfolio and impact in the tech sector.
  • This development is crucial as it positions Bitfury at the forefront of ethical tech innovation, potentially enhancing its reputation and market presence. By investing in these emerging fields, Bitfury aims to contribute to responsible technological advancements, which could attract new partnerships and investors interested in sustainable and ethical solutions.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Gustav Klimt portrait that played life-saving role in Holocaust sets modern art record of $236 million at auction
PositiveFinancial Markets
"Portrait of Elisabeth Lederer," a painting by Gustav Klimt, sold for a record-breaking $236 million at a Sotheby’s auction in New York. The artwork, which was deemed
Commerce Department reveals nearly 24% plunge in trade deficit after reported delayed over 7 weeks by government shutdown
NegativeFinancial Markets
The U.S. Commerce Department reported a nearly 24% decrease in the trade deficit, which was delayed for over seven weeks due to a government shutdown. Despite this reduction, the trade deficit for 2025 has risen to $713.6 billion through August, marking a 25% increase from the same period in 2024.
Google’s Sundar Pichai says the job of CEO is one of the ‘easier things’ AI could soon replace
NeutralFinancial Markets
Sundar Pichai, CEO of Google, stated that the role of a CEO is among the 'easier things' that artificial intelligence (AI) could potentially replace. He highlighted that advancements in AI could assist individuals in making decisions regarding medical treatments and stock investments.
Dunkin’ customers outraged after anonymous Facebook user leaks display showing tariff shrinkflation costing you less coffee in your cup
NegativeFinancial Markets
Dunkin' customers expressed outrage after an anonymous Facebook user revealed a display indicating that a new fill policy is leading to smaller servings of coffee. One customer reported paying over $6 for a large cookie butter cloud latte, which was not filled to the top due to this policy.
Bitcoin Daredevils Leave Market on Edge as Levered Bets Misfire
NegativeFinancial Markets
The anticipated Bitcoin bounce did not materialize, leaving leveraged traders in a precarious position. The cryptocurrency has seen a significant decline, falling nearly 30% from its peak earlier in 2025, raising concerns about the sustainability of high-risk investments in the crypto market.
The emerging threat lurking within the holiday shopping rush: ghost tapping
NegativeFinancial Markets
Thieves are exploiting the holiday shopping rush through a method known as ghost tapping, where they can steal personal financial information from victims without their knowledge. This emerging threat poses significant risks to consumers who may be unaware of their exposed data.
Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks
PositiveFinancial Markets
Doppel has successfully raised $70 million in its Series C funding round, achieving a valuation of over $600 million. The investment, backed by Bessemer, aims to enhance the company's capabilities in combating AI-powered social engineering attacks.
Abu Dhabi Fund Tripled Bitcoin Bet in Months Before Crypto Crash
NegativeFinancial Markets
The Abu Dhabi Investment Council significantly increased its investment in a Bitcoin exchange-traded fund, tripling its position in the third quarter. This move occurred just before a major downturn in the cryptocurrency market, which has since seen a substantial selloff.