TechFlow news — AI infrastructure company PIN AI has announced the completion of a $10 million pre-seed funding round, with investment from a16z CSX, Hack VC, and prominent investors from projects including Solana, Polygon, Near, and Worldcoin. The funds will be used to develop the world’s first open-source Personal Intelligence Network (PIN).
The platform leverages personal contextual data and cryptographic techniques to deploy advanced AI models on-device, enabling cross-application tasks such as shopping, meal ordering, wealth management, and interactions with centralized exchanges, DeFi, and prediction markets.
The company aims to reclaim over $100 billion in profits from tech giants and return them to users. PIN AI’s technical leadership team includes former Ethereum core researcher Davide Crapis, MIT graduate Ben Wu, Stanford AI/mathematics PhD Bill Sun, and CMU graduate Regan Peng.
PIN AI will join a16z CSX’s Fall 2024 cohort in New York City and collaborate with a16z crypto research, Flashbots, Espresso Systems, and academic researchers from Stanford, Columbia, and New York University.
