ShapeShift founder Erik Voorhees launches generative AI platform Venice | Headlines | News | CoinMarketCap

05/10/2024 23:21
ShapeShift founder Erik Voorhees launches generative AI platform Venice | Headlines | News | CoinMarketCap

Erik Voorhees, prominent crypto figure and former CEO of the crypto exchange ShapeShift, launched a privacy-focused artificial intelligence platform …

Erik Voorhees, prominent crypto figure and former CEO of the crypto exchange ShapeShift, launched a privacy-focused artificial intelligence platform called Venice. 

Venice offers services such as generative conversation and image creation,  but it does not hold user data. Additionally, Venice aims to omit any form of censorship on the platform. Voorhees serves as the firm's CEO, and Teana Baker-Taylor, former vice president at the stablecoin issuer Circle, took on the COO position. 

Voorhees is the sole investor in the company, telling The Block that Venice has no need for external funding. The company currently employs six people. 

Voorhees notes that while privacy and user-sovereignty undergirds Venice, it is not a crypto app. However, the platform uses blockchain …

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