PIN AI Secures $10 Million in Pre-Seed Funding with Participation from a16z
PIN AI, an AI infrastructure company, has announced the successful closure of a $10 million Pre-Seed funding round. The round saw participation from prominent VCs such as a16z CSX, Hack VC, Foresight Ventures, as well as various angel investors. PIN AI is leading the way in developing the world’s first open-source Personal Intelligence Network (PIN), aiming to transform smartphones into privacy-centric AI personal assistants, giving users full control and ownership of their personal AI.
The team behind PIN AI comprises researchers and serial entrepreneurs from prominent institutions such as the Ethereum core research team, Columbia University, Google Brain, Generative Alpha, Stanford University, Y Combinator, and MIT.
Key Investors and Contributors
Notable institutions and individuals who participated in the funding round include a16z CSX, Foresight Ventures, Hack VC, Symbolic Capital, Blockchain Builders Fund (with Sandeep, co-founder of Polygon), G-20, Nomad Capital, Alumni Ventures, Dispersion Capital, J-17 Capital, YCubed (Silicon Valley Web3 accelerator), Illia Polosukhin (NEAR Protocol co-founder), Lily Liu (Solana Foundation Chair), Evan Cheng (Mysten Labs/Sui CEO), dcbuilder (Worldcoin Foundation member), Tim Shi (Cresta.ai co-founder), Ben Fisch (Espresso CEO), Scott Moore (Gitcoin co-founder), and others.
Excitingly, PIN AI’s innovative approach merges AI and cryptocurrency to offer a privacy-focused personal AI assistant that empowers users with on-device intelligence. This groundbreaking technology is set to revolutionize the AI landscape, unleashing new possibilities for individuals worldwide.
AI + DePIN: Exploring New Horizons
Discover how the convergence of AI and decentralized physical infrastructure underpins transformative opportunities in the burgeoning cryptocurrency space. Stay tuned for the latest developments in the AI+DePIN realm as exciting projects unfold, offering GPU mining opportunities accessible to retail investors.
PrivateAI ($PGPT) Launches on MEXC, Pioneering AI Knowledge Graphs for Alpha Discovery
PrivateAI, symbolized by $PGPT, is gearing up to debut on MEXC, introducing cutting-edge AI knowledge graphs that pave the way for discovering new alpha in the dynamic cryptocurrency market. Keep an eye on this promising project as it navigates the intersection of AI and decentralized networks, reshaping the future of intelligent asset management.