A company founded by residents of Riga invests one billion dollars in ethical enterprises 0 4

200 million dollars (185,086,000 euros) will be invested in 2026, while the remaining funds will be distributed in subsequent years.

"Bitfury" continues to develop a list of companies in which it plans to invest. Potential recipients of investments should operate in the fields of artificial intelligence, quantum computing, or decentralized systems.

Co-founder Valery Vavilov emphasized that such technologies will be crucial in the future, especially considering the growing popularity of artificial intelligence avatars that make it difficult to recognize real people.

Founded in 2011 in Riga, "Bitfury" initially focused on bitcoin mining but has now also turned its attention to the field of artificial intelligence. The company has offices in the USA, Georgia, Hong Kong, Canada, Kazakhstan, the UK, the Netherlands, Norway, and Ukraine.