PANews reported on September 19th that Near co-founder Ilia Polosukhin revealed on the Rollup TV podcast that Near AI will launch an encrypted chat platform this month or early next month, aiming to replace existing chat tools like ChatGPT. This product ensures user data privacy through end-to-end encryption and allows users to provide data decryption permissions in a controlled environment, further enhancing the security and personalized experience of AI services.

In addition, the platform will also serve as a developer tool, allowing new applications to access data context based on user permissions, promoting the rapid development of new applications.

NEAR, positioned as an "AI blockchain," has developed frameworks such as Shade Agents, enabling autonomous robots to operate across blockchains while protecting data privacy. Combining a Trusted Execution Environment (TEE) with NEAR's decentralized key management technology, Shade Agents supports cross-chain transactions, interaction with AI models, asset management, and privacy-preserving computations, combining the flexibility of Web2 with the verifiability of Web3.

According to OKX market data, NEAR rose 11.6% in 24 hours and is currently priced at $3.25.

According to previous news, the NEAR Foundation has established an AI R&D laboratory, focusing on developing AI developer tools .