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Semiotic AI granted $60 million by The Graph Foundation to support ecosystem growth
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The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI in a bid to expand the start-up software firm's research and development capacity in sectors of cryptography and artificial intelligence.
Specifically, the partnership will focus on building the architecture required for automated and verifiable indexing and querying on the Graph, in addition to developing micropayments functionalities utilizing zero-knowledge proofs such as ZK-SNARKs.
Over the course of 2021, Semiotic AI have worked alongside the Graph to contribute to the growth of the ecosystem with a litany of initiatives, such as the construction of a beta query prediction service, serving in an indexing operation role, supporting zero-knowledge
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