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Crypto mining firm Luxor raises $16M as it expands into AI

AMB Crypto·October 27, 2026·1 min read
Crypto mining firm Luxor raises $16M as it expands into AI

Crypto mining firm Luxor raised $16 million in a round led by CMT Digital, with mining equipment makers Canaan and MicroBT joining. Luxor will use the funds to expand into AI services for customers, diversifying beyond its core mining operations.

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