Erik Voorhees, ShapeShift Founder, Unveils Privacy-Focused AI Platform 'Venice'
Erik Voorhees, ShapeShift Founder, Unveils Privateness-Centered AI Platform ‘Venice’
Erik Voorhees, the founder of standard cryptocurrency alternate ShapeShift, has unveiled his most in model project referred to as “Venice AI.”
The unique platform introduces a privateness-centered generative AI chatbot, addressing the rising issues surrounding privateness in both the cryptocurrency and artificial intelligence (AI) industries.
In the announcement, Voorhees expressed his worries about the direction of AI, pointing out that he observed a pattern the attach gargantuan tech companies, carefully aligned with governments, are gaining regulate over AI technologies.
He talked about that this may perhaps perhaps perhaps furthermore lead to a dystopian future and advocates for open-source decentralization as a countermeasure.
Voorhees aims to present customers with an different resolution by offering open-source AI alternate choices.
Voorhees Shifts Toward AI
Wait on in 2014, Voorhees launched the ShapeShift cryptocurrency alternate.
On the opposite hand, in July 2021, the alternate announced its transition into an open-source decentralized alternate (DEX), with regulate being transferred to the ShapeShift DAO.
Following a fight with the Securities and Change Commission, ShapeShift agreed to pay a ideal and follow a cease-and-desist tell, leading Voorhees to shift his focal point in direction of constructing a permissionless, decentralized AI model.
Asserting Venice
This day, we originate personal, permissionless AI for the goal of unfettered civilizational constructing: https://t.co/m2jsJuDuXS
Elephantine announcement:https://t.co/lPIDpgI9K1@TryVenice
A thread…
1/17— Erik Voorhees (@ErikVoorhees) Would possibly perhaps seemingly perhaps perhaps goal 10, 2024
Venice AI, basically the most in model product from Erik Voorhees, prioritizes user privateness. It does no longer store user knowledge or salvage entry to user conversations.
As a substitute, user input is shipped by an encrypted proxy server to a decentralized GPU, which runs the AI model and returns the acknowledge.
This direction of ensures security and anonymity, because the GPU greatest sees the explicit instructed and no longer the user’s total dialog.
Venice AI’s model is designed to be seriously better than the fresh subject quo, the attach centralized companies store and put user conversations tied to their identities.
The AI industry’s top avid gamers, equivalent to Microsoft, Google, OpenAI, and Meta, salvage made efforts to make stronger the perception of generative AI by selling responsible AI practices.
On the opposite hand, Voorhees argues that as soon as a firm has entry to user knowledge, it may perhaps perhaps’t be trusted to delete it permanently.
Venice AI addresses this nervousness by avoiding central repositories altogether. Chat historical previous is saved within the community within the user’s browser and may perhaps perhaps perhaps furthermore be deleted at any time, even without creating an memoir.
Venice Loyal Supplies More Capabilities
Whereas creating an memoir offers obvious advantages, equivalent to bigger message limits and the capability to change prompts, customers also can entry further aspects by subscribing to a Venice Loyal memoir.
Currently priced at $49 yearly, Venice Loyal offers unlimited text prompts, removes watermarks from generated images and doc uploads, and enables customers to showcase Protected Mode for unrestricted image generation.
Though Venice AI does no longer yet in finding digital currencies for Venice Loyal subscriptions, Voorhees confirmed that this option is coming soon.
Fun with https://t.co/m2jsJuDuXS
In Venice (with a Loyal memoir), that it’s probably you’ll perhaps regulate the “Machine Urged.” Right here’s in general cherish god mode or root entry over the LLM with which you're interacting.
It is going to enable difficult perspectives that traditional AI companies would censor. pic.twitter.com/qlt0xp0aC9
— Erik Voorhees (@ErikVoorhees) Would possibly perhaps seemingly perhaps perhaps goal 10, 2024
In the meantime, customers maintaining the Morpheus token will most probably be rewarded with a free Loyal memoir indefinitely.
The platform integrates with MetaMask wallets, offering customers a seamless skills.
Whereas Venice AI is built on the decentralized Morpheus network, Voorhees acknowledges issues concerning its performance.
He valuable that it’s serious that AI alternate choices are on par with centralized companies to be obvious user adoption.
Source : cryptonews.com
