A syndicate of investors including Angelvest, Bitfury Group, and a consortium of cryptocurrency traders is making a $3 million equity investment to the AI application development platform Dbrain. This comes after an earlier $5 million investment from Bitfury in Dbrain's DBR token and brings total capital raised to $8 million. Dbrain #fundraising reaches an important milestone. We secured $8 million in investments from @BitfuryGroup, @AngelVestGroup and a consortium of cryptocurrency traders. Find out the details in our Medium post: https://t.co/dOlToubv1X

Artificial intelligence ( AI), the creation of smart hardware or software that replicates "human" behaviors such as learning, task completion and problem solving, is one of the hottest trends in the tech world. According to the online data site Statista, in 2018, the global AI market is expected to hit an estimated $4 billion, a figure that's expected to jump to $10 billion by 2020. One company at the forefront of advancements in the AI space is Dbrain . Best described as an open blockchain platform for collectively building AI apps, Dbrain links AI developers and businesses with crowd workforces from low-income countries, creating a win-win situation for all participants in the rapidly growing AI market. Dbrain makes AI more accessible to businesses by connecting them directly to data labelers, and allows anyone to earn money in exchange for their effort and skill in building AI apps.

Artificial intelligence is a world full of promises. This technology outbreak might not surprise us too much, as we've already seen a drastic change in our life mainly because of new innovations in tech since 1990. Up till now, AI is still developing, and one of the major problems that need to be solved for this tech to grow is the need to collects and labels data for machine learning. Until this day, data sets for machine learning are still collected and labeled hand by hand, which creates such task very tiring and require a lot of efforts if there is not enough manpower to do that. On the other hand, automating this process might create another problem as we have to create an app that literally is an AI itself to label data correctly.

One of the continuing challenges that artificial intelligence programs face is how they receive and process the information they need to take actions. While the algorithmic tools that developers have harnessed to automate a dizzying number of different processes are incredibly good at processing information, these machine learning programs need to be taught what information to process -- and for now it's up to the humans that AI will eventually replace to train them. Dbrain, is a new startup that's aiming to make sure that if people are going to be replaced by machines, they can at least get paid to train their replacements. With a pitch that "Dbrain makes AI happen", the company is offering to pay users of its service in a cryptocurrency for the privilege of teaching machine learning-based programs what to learn. The company says it's aiming its tokens at the roughly 2 billion underbanked who don't have access to traditional bank accounts and therefore can't take advantage of the opportunity to train artificial intelligence.