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Fortune

Catherine McGrath

Doctors and lawyers, need a side hustle? Startup Kiva AI pays crypto to overseas experts who contribute to its ‘human-in-the-loop’ AI service

CoinFund Crypto

A man and a woman stand in front of a screen (Credit: Getty)

Kiva AI, a service designed to develop specialized AI applications by employing human experts to label large datasets, has closed a $7 million seed round led by CoinFund, a crypto-focused venture capital firm.

Ahmed Rashad, CEO and founder, sees Kiva AI as a bridge between industries that could benefit from AI software like health care, finance and law, and AI itself. In an interview with Fortune, he made the case that as AI models become larger and push into various complex fields, high-quality and reliable data is now imperative for the technology to produce accurate and efficient results.

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