PIN AI, an artificial intelligence infrastructure company, has raised $10 million in pre-seed funding and become part of the Fall 2024 cohort of the a16z Crypto Startup Accelerator. The startup is dedicated to creating the first open-source Personal Intelligence Network (PIN), which directly competes with Apple's recent Apple Intelligence AI solution. PIN AI offers a privacy-focused, decentralized alternative to Apple Intelligence, accessible on various devices. By utilizing blockchain technology and advanced AI models, the platform allows users to manage their data securely across multiple applications. The co-founders of PIN AI emphasize the importance of protecting user freedom from major internet companies and reclaiming profits generated from user data. Additionally, a recent international meeting aimed to establish a treaty regulating AI models based on human rights and democratic values, signaling progress towards global AI unification. Read more AI-generated news on: https://app.chaingpt.org/news
