Vitalik Buterin: Proposal to Position Ethereum as an AI Settlement Layer Released According to Gino Matos, Vitalik Buterin recently collaborated with Davide Crapis to publish a research proposal on Ethereum Research, aiming to position Ethereum as a privacy-preserving settlement layer for AI and API usage metering. The proposal avoids the debate over whether 'blockchains can run AI models' and emphasizes that the real opportunity lies in not putting large language models (LLMs) directly on-chain. Instead, it focuses on leveraging Ethereum to provide privacy support and facilitate metered AI usage. This strategy suggests that Ethereum could play a significant role in future AI applications, though risks like privacy leaks cannot be ignored. Overall, this could reshape the way blockchain and artificial intelligence integrate, sparking new business models and technological iterations.