Jed McCaleb, founder of Ripple and Stellar, plans to invest $1 billion from his XRP holdings into Artificial General Intelligence (AGI) research. This investment will be channeled through the Astera Institute, a non-profit he founded, focusing on neuroscience-inspired AI development. McCaleb aims to create AI systems modeled on the human brain, using brain-computer interfaces to study neural activity. Additionally, he will allocate $600 million towards neuroscience research. McCaleb, who left Ripple and sold his XRP by 2022, views AI as a transformative field, marking a shift from his cryptocurrency ventures.
Ripple Founder Jed McCaleb to Invest $1 Billion in AI Research
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