Decentralized AI computing platform Ritual completed US$25 million in financing, led by Archetype
Decentralized artificial intelligence computing platform Ritual has received a $25 million investment in a round led by Archetype, with participation from Accomplice and Robot Ventures. The cash injection will be used to build network infrastructure, expand the team to 15 people, and develop Ritual's ecosystem. The startup plans to launch its alpha platform early next year.
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