According to Bankless, the challenge of private AI may be addressed through the use of small models. The report suggests that fully homomorphic encryption, a potential solution for maintaining privacy, is still years away from being implemented at a frontier scale. However, the emergence of smaller models could lower the barrier to achieving "good enough" privacy in AI applications. The development suggests a shift towards more practical and accessible approaches to private AI.

According to Bankless, the challenge of private AI may be addressed through the use of small models. The report suggests that fully homomorphic encryption, a potential solution for maintaining privacy, is still years away from being implemented at a frontier scale. However, the emergence of smaller models could lower the barrier to achieving "good enough" privacy in AI applications. The development suggests a shift towards more practical and accessible approaches to private AI.