The company is set to develop a privacy-focused, open-source alternative to Apple Intelligence.
It will leverage blockchain technology to empower users to monetize their data. Let’s find out more about Apple’s AI.
PIN AI Offers Blockchain-Based Alternative to Apple’s AI
The new venture, the Personal Intelligence Network (PIN), aims to compete directly with Apple’s recently launched AI solution. PIN AI’s platform, developed with Ethereum Core, Stanford, and MIT, promises a decentralized solution. It will run on a wider array of devices, including lower-spec smartphones. This approach aims to make advanced AI accessible to more users than Apple’s solution, which is limited to certain iPhone models.
Ben Wu, co-founder of PIN AI, said their September 9th announcement coincided with Apple’s AI unveiling. This timing was chosen to maximize the impact of their communication and draw attention to their alternative. Wu emphasized that tech giants like Apple, Google, Facebook, and Amazon have built vast empires based on user data. PIN AI seeks to shift this paradigm by offering a platform that preserves user privacy.
Source: X
The PIN AI platform will enable developers to create AI agents that operate directly on users’ devices. Utilizing personal data in a decentralized manner.
The platform aims to help users manage and secure their data across multiple applications by integrating blockchain and advanced AI. This setup aims to give users more control over their data and challenge the data-centric models of major companies.
Source: X
Davide Crapis, co-founder of PIN AI, said their open-source solution will protect user freedom from big tech companies. It aims to reclaim over $100 billion in profit currently derived from user data. The focus on privacy and decentralization addresses concerns about data security and ethical issues of data exploitation by major tech firms.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Very good