Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI

Keel Infrastructure, formerly known as Bitfarms, reported a $145 million loss as it pivots from bitcoin mining to AI, with a $533 million fund to support AI infrastructure development. The company's rebranding marks a significant shift in its business strategy. Keel aims to utilize its war chest to build out its AI infrastructure.