DeepBrain Chain has announced an investment into its Silicon Valley lab from Gobi Venture Capital and an “undisclosed European-American giant.” DeepBrain Chain is developing a global network of artificial intelligence (AI) computing and storage nodes using distributed ledger technology and blockchain’s decentralized trust-less mechanism.

The Silicon Valley lab aims to be a “world-class AI and blockchain institute devoted to cutting edge research and development.” The investments made by Gobi and the unnamed backer will be used to fund the on-going development of DeepBrain Chain and its incubated AI application, VisionX, which was covered by NEO News Today.

DeepBrain Chain plans to release more information in the future.

The announcement can be found at the link below: