Silicon Valley Web3 incubator YCubed announced that its portfolio project PIN AI has completed a $10 million seed round of financing, led by a16z Crypto. PIN AI is an AI infrastructure company that is developing the world's first open source Personal Intelligence Network (PIN), which aims to transform smartphones into privacy-focused AI personal assistants, giving users full control and ownership of their own personal AI. YCubed is a Silicon Valley-based Web3 incubator focused on driving innovation at the intersection of AI and encryption, and will release more information about its projects in the fields of AI data and reasoning in the coming weeks.