Bitfury, a blockchain infrastructure company, today announced a $1 billion investment initiative targeting ethical technology and AI development.

The company is prioritizing investments in AI, quantum computing, transparent decentralized systems, and self-sovereign identity solutions. Bitfury aims to support technological developments focused on transparency and digital identity solutions.

The initiative positions Bitfury to expand beyond its traditional blockchain infrastructure focus into emerging technology sectors. The company plans to target projects that align with ethical technology principles and advance digital identity capabilities.