Luxor expands hardware business to GPUs, supporting Bitcoin mining companies in transitioning to AI infrastructure

PANews, December 9—According to The Block, Luxor, a company focused on mining infrastructure, has announced an expansion of its hardware business to cover GPUs, servers, storage, and networking equipment in order to support Bitcoin mining companies transitioning to AI and high-performance computing (HPC). Luxor is leveraging its experience in ASIC procurement to move into AI hardware, offering end-to-end services from equipment procurement and financing to deployment, and has established direct supply relationships with manufacturers such as Dell and Lenovo. The company states that global Bitcoin mining now boasts nearly 20GW of data center capacity, providing a natural resource advantage for AI hosting. Luxor also supports instant monetization of computing power through its cloud platform, Tenki.