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Auradine raises $153M to develop bitcoin mining and AI networking hardware

  • Data center hardware startup Auradine Inc. has raised $153 million in a funding round led by StepStone Group with participation from Samsung Catalyst Fund and Qualcomm Ventures.
  • Auradine's hardware is used in the data centers of over 40 bitcoin mining companies.
  • The company sells servers optimized for bitcoin mining, with custom processors specifically designed for hashing.
  • Auradine is also developing network hardware for AI clusters, aiming to provide better performance using open-source networking standards.

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