ICO TensorBit

The largest competitive advantage that TensorBit will offer over the competition is the speed in which it will be capable of solving machine learning computations. Currently high performance GPUs offered by Nvidia and ATI are very costly and can easily reach into the hundreds of thousands for a complete setup. Tensorbit is offering a solution which will be able to outperform these costly hardware solutions and still deliver the same results. This is HUGE! Companies will be able to derive insights quicker and save potentially millions of dollars by using our service and technology.

According to the private sector think tank, McKinsey Global Institute (MGI) - companies have invested 26 to 39 billion USD into machine learning and artificial intelligence in 2016. The industries which are adopting machine learning and artificial intelligence are mainly in the tech, automotive, and financial services where they hope to make huge gains in this space. Artificial Intelligence (AI) investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies. TensorBit is offering a service which will greatly speed up these companies and their ambitions for patent and intellectual property.