September 09, 2024
An innovative startup, with roots in Ethereum Core research, Google Brain, Stanford, MIT, and CMU, aims to make on-device intelligence accessible to everyone. This startup, PIN AI, has secured $10 million in pre-seed funding from investors like a16z CSX, Hack VC, and others involved in projects such as Solana, Polygon, Near, and Worldcoin.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
PIN AI | $10M | September 09, 2024 | Pre-Seed Round | a16z CSX, Hack VC | AI |
PIN AI is developing the world’s first open-source Personal Intelligence Network (PIN). This platform, supported by notable investors including Blockchain Builders Fund, Illia Polosukhin (NEAR Protocol), Anagram/Lily Liu (SOL Foundation), Symbolic Capital (Polygon), Evan Cheng (Mysten Labs/SUI), and others, offers a web3-enabled alternative to Apple Intelligence. It transforms smartphones into privacy-focused AI personal assistants, allowing users to control and monetize their data. The platform uses personal, contextual data and cryptography to deploy advanced AI models on-device, handling tasks like shopping, ordering food, wealth management, and interacting with centralized exchanges, DeFi, and prediction markets.
About PIN AI
PIN AI is a platform that transforms smartphones into AI-powered personal assistants. It uses advanced AI models and cryptography to handle tasks like shopping, ordering food, and managing finances, all while keeping your data private and secure. The platform is open-source and web3-enabled, meaning it leverages blockchain technology to give users control over their data and even allows them to earn rewards for their engagement.
Website: https://www.pinai.io/
About Investor
a16z CSX, Hack VC, and others involved in projects such as Solana, Polygon, Near, and Worldcoin.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto
Comments