PIN AI Secures $10M To Develop Open-Source Alternative
PIN AI, backed by a16z, creates a privacy-focused, open-source alternative to Apple’s AI that uses blockchain to enable users to monetize their personal data. PIN AI, an artificial intelligence infrastructure firm, has raised $10 million in pre-seed funding and joined the Fall 2024 cohort of the a16z Crypto Startup Accelerator (a16z CSX). In a press […]
OpenAI Exceeds Over 1M Premium Business Users
OpenAI seeks to introduce more expensive subscription plans for upcoming large-language models such as the Strawberry and Orion AI models. OpenAI’s paid user base, including ChatGPT Enterprise, Team, and Edu users, has surged by nearly 67% since April, surpassing one million on September 5. The San Francisco-based AI company’s chatbot continues to gain traction due to […]
Hedera, IOHK Join As DeRec Alliance Final Founding Members
Cardano and Hedera join Ripple and Algorand in the Decentralized Recovery Alliance to help determine the future of crypto security standards. Cardano’s development arm, Input Output (IOHK) , and Hedera, a decentralized public network, have officially joined the Decentralized Recovery (DeRec) Alliance as founding members. A press release shared with Cointelegraph states that these two […]
Mastercard New Partnership Supports Self-Custodial Crypto Wallets
Mastercard collaborates with Mercuryo to develop a euro-denominated crypto debit card, allowing customers to spend crypto from self-custodial wallets at over 100 million merchants. Global payment giant Mastercard is broadening its support for non-custodial cryptocurrency wallets through a new collaboration to allow users to spend crypto while “being their own bank.” After launching a crypto […]
Aptos Network Partners with Nillion for Privacy-Focused Apps
Aptos will be able to support confidential DeFi, private AI assistants and more. Aptos is partnering with Nillion, a privacy platform, to enable privacy-preserving applications on its layer-1 blockchain network, as reported by Cointelegraph on August 29. This integration will allow Aptos to support a variety of applications, including confidential decentralized finance (DeFi), private artificial […]