PIN AI Launches Open Platform for Personal AI After Securing $10M Investment
PIN AI's $10 Million Funding Breakthrough
PIN AI, a pioneering AI infrastructure startup, has successfully secured $10 million in pre-seed funding to kickstart its innovative open-source Personal Intelligence Network (PIN). Notable investors include a16z CSX, Hack VC, and a host of prominent angel investors.
Democratizing AI Through Innovative Technology
The mission of PIN AI is clear: empower users through personal AI, creating privacy-focused assistants that operate on smartphones. By redirecting profits normally captured by large tech companies, this initiative allows users to regain control over their data.
- Investment Highlights: Backing from top-notch investors like Blockchain Builders Fund, NEAR Protocol's founder Illia Polosukhin, and Polygon's co-founder.
- Unique Offering: A web3-enabled alternative to conventional AI assistant systems, marketed towards privacy awareness.
- Cutting-edge Technology: By utilizing personal data with embedded cryptography, PIN AI aims to transform how users interact with their devices.
A Future Driven by Open Platforms
As articulated by co-founder Davide Crapis, the goal is to cultivate an open-source future where personal AI assistants can coalesce like smart contracts within the Ethereum ecosystem. Moreover, users will receive incentives in tokens for engaging with their personal data responsibly.
- Strengthening control over personal data.
- Shifting the monetization landscape from giant corporations to users.
- Facilitating ease of use across multiple applications seamlessly.
Upon launch, PIN AI is partnering with Worldcoin and aims to provide a front-end experience akin to Apple’s Siri. The project promises to attract attention in the growing intersection of AI, blockchain, and user privacy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.