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Home » Humans.ai Expands AI and Blockchain Expertise with Starfish Technologies Acquisition

Humans.ai Expands AI and Blockchain Expertise with Starfish Technologies Acquisition

Strategic Move Enhances Blockchain Capabilities and AI Deployment

Kelly Cromley by Kelly Cromley
Aug 21, 2024
in Market News, News
Reading Time: 3 mins read
0
humans.ai starfish blockchain acquisition

Humans.ai, a Bucharest-based company specializing in AI and blockchain technologies, has taken a significant step forward by acquiring Starfish Technologies, a well-regarded inventor of TensorChain and a part of Home of Prodigy. The acquisition, executed through a combination of cash and shares, aligns with Humans.ai’s ongoing mission to push the boundaries of artificial intelligence and blockchain integration.

 

Starfish Technologies, recognized for its blockchain engineering expertise, has built a solid reputation for designing, implementing, securing, and deploying Solidity smart contracts on Ethereum Virtual Machine (EVM)-based blockchains. The company has developed cutting-edge blockchain solutions for several prominent brands, including Animoca Brands, OneFootball, Phantom Galaxies, and Grease Monkey, among others. These solutions have positioned Starfish Technologies as a key player in the blockchain industry, with a particular focus on creating secure and efficient systems.

 

A standout innovation from Starfish Technologies is TensorChain, a decentralized, scalable, and efficient blockchain solution designed specifically for high-dimensional data processing. TensorChain is engineered to enhance the deployment of AI on blockchain platforms through tensor-based operations, which are complex mathematical computations crucial for AI tasks. This technology promises to revolutionize various industries, including finance, healthcare, and supply chain management, by improving the efficiency and scalability of blockchain systems that handle AI processes.

 

Humans.ai has already made a name for itself in the AI and blockchain sectors by launching the world’s first blockchain dedicated solely to AI. This innovation ensures the traceability and secure implementation of AI technologies, addressing growing concerns about the ethical use and oversight of AI systems. The company’s blockchain platform is designed to safeguard the development and deployment of AI, ensuring that these advanced technologies are implemented in a manner that is transparent and accountable.

 

In addition to its groundbreaking work in blockchain, Humans.ai has also played a pivotal role in advancing the adoption of AI within the public sector. In 2023, the company introduced ION, the world’s first AI Government Adviser tool. This tool is currently being utilized by the Romanian government, with plans for its deployment in other governments around the world. ION represents a significant advancement in how governments can leverage AI to improve decision-making processes and governance, showcasing Humans.ai’s leadership in the field.

 

As part of the acquisition agreement, Razvan Costin, the founder of Starfish Technologies, will join Humans.ai as the Head of Innovation and will also take a seat on the company’s board. His expertise in blockchain and his leadership in developing TensorChain are expected to play a crucial role in Humans.ai’s future innovations. The integration of Starfish Technologies into Humans.ai is seen as a strategic move to expand research and development capabilities, particularly in the realm of decentralized AI solutions.

 

Humans.ai’s CEO, Sabin Dima, emphasized that the acquisition is not just a strategic expansion but a critical step towards a future where AI is both powerful and decentralized. The technologies developed by Starfish Technologies are viewed as highly complementary to Humans.ai’s vision of making AI accessible and fair. With the rapid acceleration of global AI adoption, Dima expressed confidence that TensorChain will be transformative for the industry, reinforcing Humans.ai’s position at the forefront of AI and blockchain innovation.

 

Razvan Costin, now part of Humans.ai, expressed his pride in joining forces with a company that shares a commitment to advancing artificial intelligence through decentralized technologies. He highlighted the shared mission of both companies to continue developing TensorChain, with the aim of pushing the boundaries of what AI and blockchain can achieve together.

 

This acquisition represents a significant milestone in the evolution of AI and blockchain technologies, with Humans.ai poised to lead the next wave of innovation in these rapidly converging fields. As the company continues to expand its capabilities, the integration of Starfish Technologies’ expertise is expected to unlock new possibilities for the decentralized and ethical deployment of AI across various industries.

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