Jada AI offers AI services that aid decision-making and scale the operations of organizations.
The project operates in a blockchain-based environment where the AI computations are executed among the nodes participating in the network.

Filecoin Foundation President on Decentralizing Data Storage

01:41

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement; Gensler Speaks on Ether ETF Approval

01:11

Why Bitcoin Is Not Keeping Pace With Nasdaq

09:08

Mona Founder on Future of the Metaverse

01:49

Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk

Jada AI, an artificial intelligence project that harnesses blockchain technology, has raised $25 million from alternative investment group LDA Capital.

The project aims to offer AI services that aid decision-making for organizations and scale up their operations, according to an emailed announcement shared with CoinDesk.

The capital will be used to grow the project’s team of developers and add new organizations.

Jada operates in a blockchain-based environment where AI computations are executed among the nodes participating in the network.

“This allows for the AI’s processing to be untampered, cross-verified and equally distributed to enable an efficient allocation of compute resources,” Jada AI founder Diego Torres told CoinDesk in an email.

Edited by Nick Baker.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Blockchain-Harnessing AI Project Jada Receives $25M in Capital

The project's aim is to offer AI services that aid decision-making for organizations and scale up their operations.

Filecoin Foundation President on Decentralizing Data Storage