Bitfury Unveils $1 Billion Push into Ethical AI and Tech
Bitfury is launching a $1 billion investment initiative in ethical tech and AI, focusing on AI, quantum computing, decentralized systems, and digital identity, with $200 million allocated for the first year.
Bitfury has announced a $1 billion investment initiative focused on ethical technology and artificial intelligence, marking a significant shift from its traditional Bitcoin mining operations. The company will allocate $200 million in the first year, with the remainder to be invested in stages. The initiative targets areas such as AI, quantum computing, decentralized systems, and self-sovereign identity solutions, emphasizing transparency, privacy, and user control over digital identities. Bitfury aims to support startups and projects that align innovation with ethical principles, leveraging its experience in blockchain and technology infrastructure. The fund is fully financed from Bitfury’s previous operations and investments, and deployment is expected to begin as early as Q4 2025. This move positions Bitfury as a catalyst for responsible technological advancement, supporting entrepreneurs who prioritize ethics, transparency, and human values in emerging technologies.