Privacy Policy

AI-Powered Assets Privacy Policy

Privacy Policy for AI Powered Assets

Effective Date: 1/1/2025

1. Introduction

Welcome to AI Powered Assets ("we," "us," "our"). We are committed to protecting your privacy and being transparent about how we handle your information. This Privacy Policy explains what information we collect, how we use and share it, and your rights concerning your data when you use our services, including our website and AI-powered tools (collectively, the "Service").

By using our Service, you agree to the collection and use of information in accordance with this policy.

2. Information We Collect

We collect information to provide and improve our Service. The types of information we collect can be broken down into the following categories:

2.1. Information You Provide Directly to Us:

Account Information: When you register for an account, we collect information such as your name, email address, and password (which is stored in a hashed, non-readable format).

Payment Information: When you subscribe to a paid plan, we do not directly collect or store your credit card details. Instead, we use our secure third-party payment processor, Stripe, to handle all transactions. We may receive transaction confirmation data from Stripe, such as the last four digits of your card and your subscription status.

Communications: If you contact us directly for support or feedback, we will collect your name, email address, and the contents of your message.

2.2. Information You Provide to the AI (Your "Input"):

Input Data: We collect the text, prompts, and data you submit to the AI tools within our Service ("Input"). This is necessary for the AI to generate a response ("Generated Content") for you.

2.3. Information We Collect Automatically:

Usage Data & Analytics: We use Google Analytics to automatically collect information about how you access and use the Service. This includes your IP address, browser type, device information, operating system, pages visited, and the dates/times of your visits. This data helps us understand user behavior and improve the Service.

Cookies and Similar Technologies: We use cookies to operate and administer our Service, gather usage data, and improve your experience. Google Analytics uses cookies to gather this usage data. A cookie is a piece of information sent to your browser that allows our site to remember information about your visit. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent.

3. How We Use Your Information

We use the information we collect for the following purposes:

To Provide and Maintain the Service: To create your account, process your payments, and deliver the core functionality of our AI tools.

To Process Your AI Requests: Your Input is sent to our Third-Party AI Provider (see Section 4.1) solely for the purpose of generating the AI response you requested.

To Improve Our Service: We analyze usage data from Google Analytics to understand how our users interact with the Service, allowing us to identify areas for improvement, fix bugs, and develop new features.

To Communicate With You: To send you service-related announcements, updates, security alerts, and support messages.

For Security and Fraud Prevention: To protect our Service, our users, and prevent fraudulent or unauthorized activity.

IMPORTANT: We do not use your "Input" or the "Generated Content" to train our own AI models or the models of our Third-Party AI Provider.

4. How We Share and Disclose Information

We do not sell your personal information. We only share your information with third parties under the following limited circumstances:

4.1. Third-Party AI Provider: To provide the AI functionality, your Input is sent to our underlying AI service provider, OpenAI, via their API. In accordance with OpenAI's API data usage policies, they do not use data submitted via their API to train or improve their models. Your Input is processed solely to generate the response and is not retained for other purposes by OpenAI.

4.2. Payment Processor: We share payment information with our payment processor, Stripe, to process your subscription payments securely. You can review Stripe's Privacy Policy to understand how they handle your information.

4.3. Analytics Provider: We share usage data with Google Analytics to help us analyze and improve the Service. You can learn more about how Google uses data by visiting their site: "How Google uses data when you use our partners' sites or apps." You can also opt-out of Google Analytics by installing the Google Analytics Opt-out Browser Add-on.

4.4. Other Service Providers: We may share information with other vendors and service providers who support our business, such as for website hosting and customer support. These providers are contractually obligated to protect your data and use it only for the services they provide to us.

4.5. Legal Requirements: We may disclose your information if required to do so by law or in the good faith belief that such action is necessary to comply with a legal obligation, protect and defend our rights or property, or protect the personal safety of users of the Service or the public.

4.6. Business Transfers: In the event of a merger, acquisition, or sale of all or a portion of our assets, your information may be transferred as part of that transaction.

5. Data Retention

We will retain your personal information for as long as your account is active or as needed to provide you with the Service. We will also retain and use your information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements. Input and Generated Content may be retained to provide you with your history within the Service, but can be deleted upon request.

6. Your Data Rights and Choices

You have certain rights regarding your personal information. Depending on your location, these may include the right to:

Access: Request a copy of the personal information we hold about you.

Correction: Request that we correct any inaccurate or incomplete information.

Deletion: Request that we delete your personal information and account.

To exercise any of these rights, please submit your request via email to: [email protected]. We will respond to your request within a reasonable timeframe and in accordance with applicable laws.

7. Data Security

We implement commercially reasonable technical and administrative security measures to protect your information from loss, misuse, and unauthorized access or disclosure. These measures include data encryption and access controls. However, no method of transmission over the Internet or electronic storage is 100% secure, and we cannot guarantee its absolute security.

8. Children's Privacy

Our Service is not intended for or directed at individuals under the age of 18. We do not knowingly collect personal information from children under 18. If we become aware that we have collected such information, we will take steps to delete it.

9. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new policy on this page and updating the "Effective Date" at the top. We encourage you to review this Privacy Policy periodically.

10. Contact Us

If you have any general questions or concerns about this Privacy Policy or our data practices, please contact us at: [Your General Contact Email Address, e.g., [email protected]]

For requests related to your data rights, please use the dedicated email address provided in Section 6.