Auradine raised the $ 153M series C for Bitcoin (BTC) Mining, AI Data Center Networking
Auradine, a computing equipment manufacturer for Bitcoin (BTC) and AI mining applications, said it raised $ 153 million in a series C rounding up funding.
The Silicon Valley company, based in California has also developed a new business group, Auralks AI, who is dedicated to open-standards to meet the cooling requirements of the next generation AI data centers of the AI.
AI data centers and BTC mining share similarities to their operational requirements. Due to the proliferation of AI in the main use in recent years, the subject of data centers is now common in public discourse. This is significant for the cryptocurrency industry because most of the items associated with AI data centers can also be applied to Bitcoin mining.
“Our dual focus on Bitcoin and AI infrastructure puts auradine at the intersection of pivotal technologies that will bring computing and energy use over decades to come,” CEO Rajiv Khemani said in a statement.
The funding of the funding, which took the total auradine backing of $ 300 million, was led by Stepstone Group and included Another contribution From Bitcoin Miner Mara, as well as Maverick Silicon, Samsung Catalyst Fund and Qualcomm ventures, among others.
