SingularityNET Invests $53 Million to Advance AI Development

IconCryptoNewsTerminal Staff23 Jul, 2024

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SingularityNET Invests $53 Million to Advance AI Development

SingularityNET, a leading blockchain and AI project, has announced a significant investment of $53 million in research and development in the field of artificial intelligence (AI). This substantial funding, as reported by Decrypt, will fuel the company's efforts to push the boundaries of AI capabilities. Notably, half of the investment will be dedicated to research in artificial general intelligence (AGI), a transformative technology that aims to create AI systems that can perform a wide range of tasks with human-like intelligence.

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