Odaily Planet Daily News Jada AI, an artificial intelligence project using blockchain technology, completed a financing of 25 million US dollars, and the alternative investment group LDA Capital participated in the investment. The new financing will be used to expand its development team and add new organizations.
According to reports, the project aims to provide artificial intelligence services to help organizations make decisions and scale up their operations. Jada AI operates in a blockchain-based environment where AI computations are performed between nodes participating in the network.
“This allows AI processing to be tamper-proof, cross-validated, and evenly distributed, allowing for an efficient allocation of computing resources,” Jada AI founder Diego Torres said in an email. (CoinDesk)