Luxor Technology has raised $16 million in a strategic funding round led by CMT Digital. According to Odaily, Canaan, MicroBT, Halo, Steelhead, and several angel investors also participated. Luxor plans to use the funds to expand its agent cloud platform, AI hardware business, and computing-power derivatives trading capabilities, as well as grow its team. The company, which previously served Bitcoin mining firms, is expanding into GPU and AI server procurement and is targeting the overlap between Bitcoin mining and AI computing.
