Robot Crowdfunds Its Brain

Creepiest crowdfunding campaign yet (and possibly a problematic one) is the initial coin offering to fund the artificial intelligence of a humanoid robot, Sophia.

The fiat currency is being raised to fund ” SingularityNET, an open source platform for AI and machine learning…(whose purpose is) to create a global, decentralized marketplace for AI.”

The idea is to make the AI available as open source for anyone to use and not permit corporations to hoard the code. You can watch Sophie make a pitch for her brain here:

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, Banking, Banks, CFTC, checkbook, Congress, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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