Ben retweeted
This note regarding the importance of Elon leading Tesla is more relevant now than ever.
Tesla is at a critical juncture, as it is metamorphosing into the world leader in robotics. Creating large-scale, useful robots requires expertise across engineering design, manufacturing, real-world AI software, chips for AI, and more. Elon is, quite likely, the only person on Earth with deep skills and the right instincts across all these domains.
Please vote yes on the shareholder proposal, and let's bring extraordinary prosperity to the world.
Ben retweeted
Leadership matters
Ben retweeted
Watching Circle's IPO pricing is fascinating from a fintech infrastructure perspective. Having built payments infrastructure at Circle, I can tell you: when you control money issuance, you're not in fintech anymore. You're in monetary policy.
$26/share = $6B valuation for $60B circulation = 0.1x multiple. (rough number)
This is structural mispricing. Circle isn't a money market fund - it's a digital dollar infrastructure with quasi-sovereign issuance rights.
For context:
PayPal: $70B market cap, $1.5T volume
Visa: $500B market cap, $14T volume
Circle: $6B valuation, ~$12T volume
The math doesn't work.
25x oversubscribed tells the real story. Underwriters priced for "safety" but missed the fundamental shift:
Circle controls the digital dollar printing press.
Fair infrastructure multiple should be 0.25- 0.4x circulation, putting Circle at $150-250B valuation.
Tomorrow's trading will be a repricing event. Not just for Circle, but for the entire digital monetary infrastructure category.
The market is about to learn this lesson.
Ben retweeted
Excited to announce our next Podcast Guest: Lily Liu @calilyliu, the president of @solana foundation,m. The podcast is with @DavideCrapis , @benPINAI and me at next Wed 4/16 1:30-2:30pm PT.
Ben retweeted
Personal AI - Pin AI개인화된 AI라는 것은 무엇인가? @pinai_io - 니어의 일리야가 투자함.
개인화된 AI라는 것은 무엇인가? 피티를 들여다봅니다.
- 사람의 관심은 사실 비싸다
- 대부분은 AI한테 어떻게 질문하는게 좋은지를 모른다
- 그래서 개인화된 데이터가 필요함.
- 빅테크 대기업들은 자신의 데이터만 볼 수 있음 (메타, 애플, 구글등등)
- Pin AI는 이렇게 파편화된 개인에 대한 데이터를 다 모아서 개별화된 AI를 만드는 것인가? (진짜 궁금해서 ...)
- God Model을 통해서 스코어링을 함. AI School이라는 것을 이용해서 개인화된 데이터를 모아서 안전하게 활용한다는 개념임.
- 블록체인이 이런 에이전트들을 관리하는데 최적화되었다고 생각한다고 함.
- 구조를 보니까 실제로 그동안 각 서비스에 있는 데이터를 모아서 개인화 인덱싱을 하고 이를 바탕으로 AI를 구현할 예정임.
- 이것을 바탕으로 개발하는 개발자는 각 개인에 대한 데이터가 광대하게 제공이 되어서 더욱더 개인화된 에이전트가 개발이 가능함.
- 가장 중요한것은 보안 - Data Connector인데 PIN AI조차도 데이터를 직접 보지는 못함.
- Agent Service Protocol은 에이전트 네트워크의 기본적인 형태를 갖추기 위한 서비스임.
- 모바일앱도 개발중이며 에이전트 마켓플레이스도 예정되어있음. (다양한 형태의 에이전트끼리의 협업이 가능해짐)
🔰개인적인 생각
우선 가장 중요한 부분은 개인 데이터에 대한 보안일것으로 보입니다. 여기에 대한 신뢰가 생기면 PIN AI는 개인화 에에전트가 사용해야할 데이터 서비스가 될 것으로 보일 수 도 있습니다. 즉, 많은 사람들이 사용하면서 자신이 사용하던 다양한 서비스들을 연결하고 PIN AI에 정보를 제공해줘야지 개발자들도 이것을 바탕으로 확장이 될 것으로 보임.
Ben retweeted
I’m excited to announce the cohort for our fourth Crypto Startup Accelerator program (CSX 04), starting this week in San Francisco.
CSX helps early-stage startups building on blockchain technologies to accelerate development and product-market fit. It is an intensive program that provides the expertise, mentorship, and support that startups need to build ambitious products across industries.
Over the next two months, the founders of these companies will get firsthand guidance and support from a16z crypto’s investing and operating teams. We connect founders with capital, industry experts across the a16z network, and a cohort of leading web3 teams. a16z CSX also invests a minimum of $500,000 in each company that’s accepted.
The founders in CSX 04 are coming to San Francisco from countries around the world: Canada, France, Germany, South Korea, United Arab Emirates, and across the US.
Here are the companies participating in CSX 04:
Ambient: building a blockchain that integrates large language models for verifiable, censorship-resistant AI capabilities
@CambrianNetwork: provides verifiable data for AI agents engaging in DeFi
@inconetwork: enables confidential compute to existing blockchains
@KYDLabs: building a fully integrated commerce layer designed for live events
@launchercapital: building the next generation of AI agents through gamification and blockchain technology
@MahojinAI: a search-to-generate AI platform that provides exact images through a remixable library
@getoro_xyz: a decentralized intelligence platform unlocking private data for frontier AI
Toji: makes onchain popularity markets for videos
@zardotapp: building a decentralized cash-to-stablecoin platform for emerging markets
Some companies that have been accepted are currently in stealth, and will be named soon. We may also add more companies to the cohort.
Congratulations to each of our CSX 04 companies. I can’t wait to kick things off with them this week.
Ben retweeted
Raise a glass to the future of AI + Web3! 🍸
If you're in the Bay Area, join us for an exclusive evening with @alumniventures, @spaceandtime, and @TheoriqAI for cocktails, conversations, and insights into the future of blockchain and AI.
RSVP Now! 👇
lu.ma/8uvhu33n
Ben retweeted
AI that’s user-owned & decentralized.
@pinai_io , built by Ethereum, Google Brain, Stanford & MIT minds, is an open platform rivaling Big Tech like Apple Intelligence—privacy-first, YOU control your data.
🧵👇
Ben retweeted
Did you have fun at ETHSF? Did you learn something new? Did you make new friends?
I think we all owe @theBBFund GP @elkun_peng a huge 👏 for manifesting this awesome week.
Ben retweeted
People are slowly waking up to the importance of data for useful AI apps.
Truth is, data is the moat not only for businesses, but for humans in the age of AI!
Control over personal data enables useful apps w/ no extraction. PIN AI does this by connecting personal data<>AI.
Having given this more thought
seems like data is, once again, going to be the moat (always has been 🔫)
Whichever model is used for the most addictive AI apps will win.
OpenAI, for example, already knows a shit ton about me
& will be able to use that to create a more tailored, additive experience for me.
Ben retweeted
d/acc day was extremely inspiring
Here is a personal summary as one of the speakers and a link to full video stream below
I particularly liked the talks around programmable cryptography. From teams like Fabric and Zkemail. We need to break into more expressive protocols that expand the surface of what can be settled on-chain to create useful apps beyond DeFi. Both move the needle in this direction
Open source hardware is still at the tinkerer stage but it’s a fascinating endeavor and was cool to see progress
Also had an hallway chat with Jasper from Hyperbolic focused on how to get real PMF and build products that user love first, and then use the crypto superpowers to decentralize and scale. Excited by a new wave of crypto founders that builds products that are best in class and reaches users beyond crypto natives (eg Hyperbolic integration on HuggingFace)
Love Vitalik’s approach to keep the discussion practical when talking about the risks of AI. It is too easy to throw out prophecies about how AI will change our role in the multiverse. Vitalik keeps it grounded on where the tech is in the near future, mostly at the assistant level with autonomy only in certain confined domain. With this perspective in mind, safety becomes an engineering problem akin to building bridges, cars, self driving systems
Biodifense and Neurotech I knew very little about and the talks provide a good overview (see video stream)
Robotics is very close to my work in AI and personal data and something I’m going to dig more and write more about. It’s one of the areas where blockchains can really shine in the upcoming years
🚀 Excited to announce <d/acc day> at @UCBerkeley—hosted by @BerkeleyRDI and @ethereumsf.
Join @VitalikButerin, @dawnsongtweets for an in-depth discussion on d/acc #decentralization #ai. Hear from brilliant minds incl. @juanbenet @mljmljmlj @DavideCrapis and many others on AI, neurotech, robotics, biodefense, privacy and crypto as we shape a decentralized, safe, and democratic future for AI. 🌐🧠
📅 March 13, 2025
📍 UC Berkeley
Agenda 👉 lu.ma/o99rcou9 #ETHSF25 #AI
In-person capacity is limited but join us for the live stream here - youtube.com/live/b45hakfN1cM
Ben retweeted
1/ Had a blast hosting the AiFi Summit at @EthereumDenver this year! 🚀
Huge thanks to our co-hosts @gaib_ai and @pinai_io for making it a success.
With 29 projects shaping the future of AiFi, let’s meet the builders who made it happen! 👇
Ben retweeted
From the Open Source AI Summit yesterday:
We are staring at a future that holds a lot of uncertainty for humanity. @VitalikButerin shared his timeline for achieving superhuman AGI at most tasks, which is very uncertain, something like between in 5 and in 100 years. @ilblackdragon's is much more aggressive, thinks that with the exponential progress we'll get there in a few years.
One thing is certain, there will be huge wealth generation and huge displacement in the economy. We must build system that counterbalance the centralization forces that are already monopolizing the industry. Open Source AI and verification on a decentralized blockchain with a decentralized community is one key ingredient for a more democratic and secure future.
Exciting to see many strong teams building towards this vision this week at ETHSF.
Ben retweeted
What an impeccable lineup we have for the 5th Open Source AI Summit in SF! The summit consists of back to back solo talks, fireside chats, debates, coming from speakers who care about open source AI. I am so proud and excited to bring this together with @near_ai, and this was possible due to the support of @nethermind @Celo @exa_bits @vana♥️
Important to note that we are expecting a full house, with a strict venue capacity limit. Looking forward to seeing you tomorrow!
Ben retweeted
AGI House Hackathon on Personal AI Agent Build Day by Robinhood and PIN AI teapawt.net/i/broadcasts/1vOGwXmAX…
