Russian Bitcoin Mining Company Intelion to Invest $135 Million in AI

Russian Bitcoin mining company Intelion plans to invest $135 million in the AI field, with the funds being used for "server equipment for artificial intelligence computing." In addition, in order to implement its new AI project, Intelion will spin off its "high-performance computing business" into a subsidiary, which will be named Intelion Cloud. According to reports, Intelion will focus on developing a group of "public" in the field of artificial intelligence and will also provide customers with high-performance computing capabilities.