Blockchain Startup Bitfury Launches AI Unit for Big Data Mining

Blockchain Startup Bitfury Launches AI Unit for Big Data Mining – Coinfomania

European blockchain company, The Bitfury Group, has launched an Artificial Intelligence (AI) unit to extract value from tons of available data, a senior official told Reuters in an interview today. Bitfury’s co-founder and CEO, Valery Vavilov, who described data as the “next oil,” stated that too many data are currently lying idle and need to be processed to derive value.