Nillion and Ritual partner to develop decentralized blind AI inference technology, enhancing AI access and data privacy.
Niraj Pant, co-founder of Ritual, explores the untapped potential of integrating AI with blockchain, the benefits for crypto, challenges with AI-based dapps, GPU issues in crypto, and how ML can optimize DeFi operations.
Polychain, a crypto VC firm, has invested a 'multimillion dollar' amount into Ritual, an AI platform, contributing to their $25M funding round. This move is part of a broader effort by blockchain firms to prevent a potential AI oligarchy dominated by tech giants such as Microsoft, Meta, and Alphabet.
