Aug 13, 2019

Blockchain Startup Bitfury Launches Artificial Intelligence Unit

Posted by in categories: bitcoin, robotics/AI

Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13.

“Data is the new oil”

Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by the need to analyze and extract information from great quantities of data. He reportedly noted that data is becoming the new oil and stated:

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