Jada AI, a blockchain technology-based artificial intelligence project, has secured $25 million in funding from LDA Capital, an alternative investment group. Media reports said that the project plans to offer AI-powered decision-making and scaling solutions in a blockchain environment.
“This allows for the AI’s processing to be untampered, cross-verified and equally distributed to enable an efficient allocation of compute resources,” Founder and CEO of Jada Ai said about its blockchain-based operations.
The company plans to use the new capital to add new businesses and a team of developers. Jada AI is focused on developing Artificial General Insurance (AGI) or the next generation of post-human AI. It will be a system that possesses self-learning capabilities with advanced cognitive abilities. AGI can ideate solutions to any problem while adapting to constantly evolving environments.
The Jada Artificial Intelligence will be accessible worldwide via our JADX token, which can be used to pay for training time on Adopter-specified data and computing power to accomplish objectives when deployed,” Torres added.
Jada is helpful for enterprise-scale organizations that need interaction with an AI to help them in complex decision-making, hyper-scaling, and solution innovation. It is built to function autonomously, requiring little human intervention. It contrasts sharply with the existing Machine Learning and Large Language Models that require constant maintenance.