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Bitfury Group, a leading technology solutions provider, is launching an artificial intelligence (AI) unit that will help strengthen the company's position in globally developing technologies.

According to iHodl Russia, the AI ​​department of Bitfury will use hardware and software technologies to create integrated product blockchain solutions, as well as cloud-based corporate solutions for companies and government agencies.

The Co-founder and CEO of Bitfury Group, Valery Vavilov, says artificial intelligence will bring new advantages to almost all areas of modern life.

"To help AI technology become as efficient as possible, Bitfury is expanding its mission by offering hardware and software solutions designed specifically for applications," he added.

Earlier Bitfury entered into a partnership with Swiss investment fund Final Frontier in order to launch a regulated bitcoin mining fund for institutional and professional investors.

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