Bitfury Launches $1B Fund for AI and Crypto Startups

• Bitfury is moving beyond Bitcoin mining.
• The firm announced a $1B investment fund.
• Focus is on ethical AI and blockchain startups.

After 14 years in the Bitcoin mining space, Bitfury is making a bold move. The company is launching a $1 billion fund to support emerging startups in ethical AI and blockchain technology. This marks a major shift for one of the oldest names in crypto mining, signaling its evolution into a broader tech investment firm.

The fund is being positioned as a support engine for the next generation of innovation in both the artificial intelligence and crypto spaces. Bitfury aims to invest in companies building responsibly, with ethics at the forefront—especially crucial in today’s rapidly evolving tech landscape.

Supporting Responsible Tech Development

Bitfury’s new venture fund will focus on startups that merge blockchain technology with AI while adhering to strong ethical guidelines. This comes at a time when both industries are facing intense scrutiny over privacy, bias, and centralization concerns.

By backing projects that prioritize transparency and decentralization, Bitfury wants to ensure that future technologies align with the core values of the original crypto movement. Startups that can bridge the gap between ethical AI and decentralized infrastructure are expected to be top candidates for funding.

From Hardware Roots to Venture Capital

Founded in 2011, Bitfury initially focused on developing mining hardware and securing the Bitcoin network. Over the years, it expanded into blockchain services and enterprise solutions. Now, its entry into venture capital puts it in line with other major crypto firms that are diversifying to stay ahead.

This $1B fund shows that Bitfury is not just adapting to the future—it’s actively helping shape it. The move could also inspire other legacy crypto companies to diversify their strategies as the industry matures.