A privacy-focused synthetic intelligence (AI) platform, Venice AI, launched its VVV token on January 27.
Constructed on Base, Ethereum’s
In a put up on X, Venice AI confirmed that those that purchase and stake VVV acquire free entry to its non-public application programming interface (API). This enables customers to generate textual content, photographs, and code with AI instruments, together with the newly launched DeepSeek R-1 mannequin.
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DeepSeek R-1, developed by a Chinese language AI firm, is thought-about corresponding to ChatGPT however makes use of much less processing energy and stays open-source.
DeepSeek has raised privateness issues, as its mannequin is believed to gather person knowledge and ship it to China. Nevertheless, Erik Voorhees, the founding father of Venice AI, assured customers that knowledge generated by Venice’s platform is protected and won’t be shared elsewhere.
Venice has additionally opened its API to builders, third-party apps, and AI brokers, which provide broader integration choices.
The VVV token has a market worth of $306.4 million on the time of writing, with 25 million tokens in circulation out of the 100 million whole provide. Moreover, over 20,000 token holders are actually a part of the community.
In the meantime, the late John McAfee’s X account lately promoted a brand new AI token known as AIntivirus. How did the crypto group react? Learn the complete story.
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