European blockchain company Bitfury launches artificial…

  • NEW YORK (Reuters) – 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 Reuters in an interview.
  • FILE PHOTO – Delegates walk near an exhibition stand of Bitfury, a full-service blockchain technology company, at the Malta Blockchain Summit in St Julian’s, Malta November 1, 2018.
  • 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.
  • 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.

Read full article: reuters.com