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

- 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







