Axar.az
UP
24 August 2019


Bitfury launches an artificial intelligence unit

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto

European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company’s top official told in an interview.

Axar.az reports citing Reuters that the AI division will operate alongside Bitfury’s existing blockchain services and remain part of the company.Bitfury is one of a handful of blockchain companies around the world with at least a $1 billion valuation. That list includes Coinbase, a U.S.-based exchange, and China’s Bitmain, the largest cryptocurrency mining firm in the world.

Valery Vavilov, chief executive officer and co-founder of Bitfury, said the need to analyze and extract value from tons of available data drove the company to go into artificial intelligence, that branch of computer science that emphasizes the creation of intelligent machines that act and behave like humans.

Bitfury also said it appointed technology expert Fabrizio Del Maffeo to lead the AI division. Del Maffeo was the vice president and managing director of AAEON Technology Europe, the AI and internet of things computing company within Taiwan’s ASUS Group.

Date
2019.08.13 / 12:32
Author
Axar.az
Comments
See also

Tesla and Walmart address solar panel fire issues

YouTube shuts down 210 channels on Hong Kong protests

Apple, Google, and Mozilla block the government`s spying

Alibaba postpones up to $15 billion Hong Kong listing

UK mobile provider activates 5G service using Huawei router

Hackers attack Russian UK embassy’s website

Nigerian teenage girls win $50,000 in Silicon Valley

Twitter and Facebook remove Chinese accounts

Iran launches employment data system

Trump does not want to do business with Huawei

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla