Skip to content
Bitcoincrypto.news

Bitcoin mining company raises $16 million to accelerate AI business expansion, BTC holders could earn up to $7,000 daily by seizing the opportunity

Bitcoin mining company UE Crypto says it raised $16 million in funding led by CMT Digital to expand its AI infrastructure, cloud computing and hardware services.

Read Original Article

Explained in this story

Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

More about Artificial intelligence
Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency
Cloud computing

Delivering computing power, storage and software over the internet from large data centres, paid for as a service.

Most apps and websites now run in the cloud, making a few providers critical infrastructure.

More about Cloud computing

More in Bitcoin

From the blog