Coinbase, NEAR Form Open AI Alliance

Coinbase and NEAR have joined forces to form the Open Agent Alliance (OAA), a strategic collaboration aimed at revolutionizing open AI services. This innovative alliance brings together key players in the blockchain and AI sectors, including NEAR AI and the Coinbase Payments and AI division. The primary objective of the OAA is to facilitate secure, open-source, cost-effective, and equitable access to artificial intelligence.

The alliance is set to deliver integrated infrastructure that encompasses AI agent frameworks, cloud hosting, and support for both fiat and cryptocurrency transactions. This framework is designed to empower developers to efficiently create and implement AI tools, thereby enriching the blockchain ecosystem with advanced technological capabilities. The establishment of the OAA represents a significant step forward in the integration of AI technology within the cryptocurrency space.