Official announcement from PIN AI or reputable tech news sources

PIN AI Raises $10M in Pre-Seed Funding for Decentralized Personal AI Platform

Sep 9, 2024, 04:09 PM

PIN AI has raised $10 million in pre-seed funding to develop the world's first open platform for personal AI. The funding round saw participation from a16z CSX, Hack VC, and various angel investors. PIN AI aims to converge AI and cryptocurrency, offering a privacy-focused, on-device AI assistant that democratizes on-device intelligence. The platform transforms smartphones into privacy-focused AI assistants, allowing users to regain control of their data. Additionally, PIN AI is developing a decentralized AI platform and an open-source Personal Intelligence Network.