SEC Alum Jay Clayton Shifts to AI, Ethereum Unveils Secure Inference Protocol

Former SEC Chair Jay Clayton has secured a new role after leaving his position at the US Securities and Exchange Commission. He is now leading AI efforts, marking a significant shift from his previous work in regulating cryptocurrencies. This development comes as the cryptocurrency market continues to navigate its relationship with artificial intelligence (AI).

The Ethereum Foundation recently introduced zkAPI for private AI inference using zero-knowledge proofs, which is now live on the Ethereum mainnet. This innovation aims to enhance data security and efficiency in AI applications.

Arthur Hayes, Chief Investment Officer at Maelstrom, predicts that Bitcoin could reach $1 million by 2030 if a debt-fueled AI infrastructure boom eventually unravels. His forecast highlights the potential risks associated with the intersection of cryptocurrency and AI.