$NEAR The native token of the protocol, $NEARhas gained over 18% in value today. Following this rise, the project team said via X that “the world has woken up to the need for user-generated AI.”
According to the $NEAR Protocol, user-owned AI means that the data belongs to the user, transactions made on behalf of the user are verifiable, there is equal access to neutral markets, and the AI is positioned on the user’s side.
The project argued that user-generated AI should not be limited to the model layer, but should encompass the entire technology stack – from verifiable inference processes and confidential payment infrastructures to secure agent systems and transparent business and governance models – all under the control of users.
$NEAR He said he has been building this infrastructure for about a decade, and his early architectural choices in the areas of granular scalability, computing model, chain abstraction, and privacy provided the foundation for AI agents to perform operations at scale and preserve user autonomy.
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However, $NEAR is trading in a region about 87% below its all-time high of around $20.
The statement also noted that $NEAR AI’s proprietary inference infrastructure supports Venice’s privacy-focused AI platform, which has over 3 million registered users.
$NEAR AI Cloud reportedly offers TEE-supported anonymization and latent inference for more than 30 models, including those from leading AI vendors and open source models.
*This does not constitute investment advice.