An artificial intelligence project that harnesses blockchain technology Jada AI has raised $25 million in funding from the global investment group LDA Capital Limited.
The funding from LDA Capital of $25 million has placed the firm at a valuation of $415 million. Jada will use this fund for expanding the intranational team of scientists and developers.
Jada will accelerate the development of Artificial General Intelligence (AGI), or Strong AI, that is Jada’s next-generation post-human AI. The Jada development group’s agenda also includes using AI to develop technologies that could significantly advance human civilization.
The revolutionary technology is described by the Jada development team as a system with self-learning and advanced cognitive abilities, capable of solving any problem, and completely adaptable to environments that are constantly changing.
“Great ventures start with the right people, moral alignment, and a shared vision for the future. We’re happy to have LDA Capital’s full support as we work towards accomplishing our Artificial Intelligence Evolution Agenda and empowering enterprises across the planet with real AI,” said Diego Torres, Founder and CEO of Jada Ai.