
Jakarta, Pintu News – NEAR Foundation announced the launch of two new interconnected projects, namely NEAR AI Cloud and Private Chat. Both solutions have been implemented by Brave Nightly, OpenMind AGI, and Phala Network, and have reached more than 100 million users.
In an announcement made via a thread on the X platform on December 3, it was mentioned that these products were developed on the principle that “users should have control over their AI” through verifiable and hardware-backed privacy offerings.
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For NEAR AI Cloud, each request is processed using Intel TDX technology and NVIDIA Confidential Computing-two industry-recognized Trusted Execution Environment (TEE) solutions. This ensures that any data remains protected and isolated from outsiders, keeping user information confidential.
Users can also verify that their data is truly protected through cryptographic proofs that show that the AI model runs with the appropriate code in the promised privacy environment.
Private Chat is built on the NEAR AI Cloud and leverages its infrastructure, offering verifiable privacy for everyday activities like asking questions or doing research. The app is similar to OpenAI’s ChatGPT, Google’s Gemini, or xAI’s Grok, but without the data collection by the management company.
Brave announced the integration of NEAR AI Cloud into their trial version, Brave Nightly, on November 20. At the same time, NEAR Protocol shared that OpenMind AGI and Phala Network have also deployed their solutions to guarantee verifiable privacy, reaching over 100 million users.
“NEAR AI’s covert computing has proven capable of being used in real operational conditions: high traffic, deterministic latency, as well as strict regulatory compliance,” writes the NEAR Foundation’s official account.
“NEAR AI has been ready since launch, and has been tested for robustness with partners handling sensitive workloads at scale.”
The NEAR token price is currently trading in the range of $1.81 to $1.82, trying to break back through the long-term support zone that was lost when Bitcoin plummeted to $84,000 on December 1. This zone has shown strong buying pressure since the beginning of 2025.

The return of the price to the historical support level is an important step for the price recovery process. Conversely, if NEAR remains below this zone, it could be a signal that the asset is entering a bear market phase and has the potential to drop further in the next few days.
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Michaël van de Poppe, CIO and founder of MN Fund and MN Capital, also observed similar price levels. According to him, NEAR needs to break the $1.80 and $1.95 price levels in order to continue its uptrend from this point.
Fundamentally, NEAR is showing stronger and stronger momentum, especially through NEAR Intents, their proprietary cross-chain transaction system of record:
For the record, this all-time volume was still $3 billion on October 30, as reported by Coinspeaker – indicating very rapid growth.

Leading US prediction marketplace Kalshi officially added support for the NEAR token on November 25, as reported by Coinspeaker. This move is another important development for the NEAR ecosystem.
In addition, the NEAR validator community has approved the inflation halving policy on October 28, which lowers the annual emission rate of the NEAR token from 5% to 2.5%.
This decision could potentially have a positive economic impact in the future as it could reduce the supply pressure of tokens in the market, thus helping to stabilize or even support price increases.
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