According to Odaily, Intelion, a prominent Bitcoin mining company, has announced a substantial investment of $135 million in the field of artificial intelligence. The company plans to allocate these funds towards server equipment for artificial intelligence computation.
In addition to this, Intelion is set to spin off its 'high-performance computing business' into a subsidiary to facilitate its new AI project. The newly formed company will be named Intelion Cloud. The primary focus of Intelion will be to develop a range of products in the artificial intelligence domain, while also providing high-performance computing capabilities to its clients.