Semiotic AI receives $60 million from the Graph Foundation

Graph Basis has announced an eight-year $60 million grant to Semiotic AI to expand the software startup’s research and development capabilities in the fields of cryptography and artificial intelligence.

Semiotic AI will become the third core protocol developer to join the World Wide Web 3 network this year, and aims to improve the security, scalability and cost-effectiveness of the intelligent platform through the use of new technologies.