The AI sector welcomes another significant round of financing. The decentralized AI verification protocol Swarm Network has announced the completion of a $13 million funding round, with investments from well-known institutions such as the Sui Foundation and Ghaf Capital.

It is noteworthy that $10 million of this funding was completed through the public sale of agency licenses on the Sui network, which is a novel approach. The Sui Foundation's direct involvement in the investment also indicates confidence in this project.

The 'AI verification' niche that Swarm Network is entering is a promising sector, directly addressing the most pressing issue of 'information authenticity' in the current AI era. The Sui ecosystem has been very active lately, consistently pushing forward in the AI and DePIN fields, which is worth keeping an eye on.