Yu Hu, founder of Kaito AI, a Web3 AI search platform, said that Kaito became profitable in June 2024, transforming from a startup that had to rely on venture capital funding to a company that could make money on its own. Future plans for Kaito include: expanding Kaito by a factor of 10 in the next 18 months; launching a fully autonomous research assistant (expected this month); improving the interface of crypto projects through its OpenAI-like inference API; and launching new crypto-native applications.