NEAR AI Launch: NEAR Partners with Infinex for Innovative Blockchain Solutions

NEAR Introduces NEAR AI and Partners with Infinex

Source: Blockhead

Launch of NEAR AI Assistant

• The NEAR Foundation has launched the alpha version of the NEAR AI Assistant, introduced at a conference in Bangkok.
• This AI tool emphasizes user ownership and privacy while enhancing interactions across Web2 and Web3 platforms.
• Key functionalities include:
  • Assisting with blockchain transactions and e-commerce.
  • Data analysis and custom frontend creation.

NEAR AI Research Hub

• The AI Research Hub invites community involvement in building and monetizing foundational AI research.
• Provides essential resources for developers focused on innovative AI models.

Enhanced Security and Interactivity

• NEAR's protocol will soon include nodes with Trusted Execution Environments (TEEs) and GPUs for secure AI development.
• Introduction of "NEAR Intents" enables seamless user and AI agent interactions over blockchain.

Partnership with Infinex

• Infinex, a decentralized exchange under the Synthetix project, partners with NEAR to extend its cross-chain capabilities.
• The partnership focuses on:
  • Utilizing NEAR Chain Signatures for multi-chain transactions without managing separate gas tokens.
  • Integrating with legacy chains like Bitcoin and Litecoin.
• Kain Warwick, Infinex founder, aims to eliminate centralized exchanges through this collaboration.

Significance of the Conference

• The conference, held during Thailand Blockchain Week, showcases the convergence of AI and Web3 technologies.
• Offers a platform for industry leaders to discuss and drive innovation in digital assets.