Ritual | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Ritual is an open, sovereign execution layer for AI, enabling seamless integration of AI into apps or protocols on any chain. The...
Ritual is an open, sovereign execution layer for AI, enabling seamless integration of AI into apps or protocols on any chain. The company focuses on fine-tuning, monetizing, and performing inference on models with cryptographic schemes.
Website
Size
11-50 employees
Industry
Technology, Information and Internet
🛍️ Ritual Product and Pricing News →
👔 Ritual CEO, Management and Leadership Team →
⚔️ Ritual Alternatives and Competitors →
💼 Ritual Hiring and Layoffs →
🤖 Ritual Developer, Integration and Automation News →
📈 Ritual Financials, Fundraising and Valuation News →
🛍️ Ritual Product and Pricing News
- Ritual recently launched a foundation to support their protocol, which includes Infernet for bridging off-chain compute on-chain and Resonance as a marketplace for computational resources.
- Maryam Bahrani and N. Durvasula at Ritual have introduced Resonance, a new fee market for heterogeneous computation that maximizes surplus by redirecting value back to users and nodes.
- Ritual's quants have unveiled Resonance, a mechanism to price heterogeneous compute, as announced by Saneel Sreeni on November 21, 2024.
- Maryam Bahrani announced the development of Resonance, a new fee market for heterogeneous computation at Ritual.
- On November 20, 2024, Ritual announced the launch of the Ritual Foundation to advance AI and crypto technologies and manage the Ritual Chain.
- Ritual is launching a private testnet with plans for a public testnet soon.
- Anish Agnihotri and Saneel Seerni of Ritual discussed purpose-built AI chains on a podcast episode released on February 10, 2025.
- Ritual's Resonance feature aims to protect users from gas wars and sandwich scams on blockchains by ensuring brokers work for them.
👔 Ritual CEO, Management and Leadership Team
⚔️ Ritual Alternatives and Competitors
- Uber Eats |
- Terraseed |
- Care/of |
- Chainlink |
- Beldex |
- Raven Software |
- Certain Affinity |
- Id Software |
- Demiurge Studios |
- Olo |
- Oracle |
- GloriaFood |
- DoorDash |
- Grubhub |
- ChowNow |
- Dutchie |
- Toast |
- Bitfury |
- Canaan |
- Fabric |
- Osea Malibu |
- Warpaint London |
- Gabbiano |
- L'OCCITANE |
- Foodora
💼 Ritual Hiring and Layoffs
- Daniel Gosek has joined Ritual as Chief of Staff in the United States, previously holding a position at another company.
- Ritual has added Erica Choi and Aakriti Lakshmanan as interns and Noam Nisan as an advisor, while removing Mohamed Bakry and Rahul Maganti from their team page.
- Ritual is currently hiring for the position of Executive Assistant in the United States.
- Ritual is currently hiring for the position of TEE Specialist in the United States.
- Ritual is hiring a remote Developer Experience Engineer to build tools for integrating with their AI and blockchain infrastructure, offering a salary between $60,000 and $100,000.
🤖 Ritual Developer, Integration and Automation News
- Ritual announced a partnership to register AI models as IP assets on StoryProtocol.
- FLock has integrated with Ritual Network's Infernet, marking a significant advancement in transparent DeAI.
- Ritual has partnered with FLock to enhance transparency and security in decentralized AI.
- Kojo CLONE launched an AI Node on Ritual's platform using Mintair.
- Ritual is a partner in a project with Nillion as of January 10, 2025.
📈 Ritual Financials, Fundraising and Valuation News
- Ritual Capital participated in the $6.88M seed funding round for Final Round AI.
- Jets Capital announced their investment in Ritual, a decentralized AI compute platform.
- Ritual Capital participated in a $4 million seed funding round for Fazeshift, an AI agent for accounts receivable.
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