Ritual | Latest News & Updates - Nov 05, 2024 Release

Ritual's Infernet is the first production implementation of their protocol, allowing smart contracts to compute outputs with on-chain proof...


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Ritual

🌎 ritual.net

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.


Ritual - Latest News and Updates

  • Ritual's Infernet is the first production implementation of their protocol, allowing smart contracts to compute outputs with on-chain proof.
  • Ritual raised $25 million for their mainnet node guide.
  • Ritual has partnered with StarkWare Ltd to provide Starknet users and developers onchain access to AI.
  • Developers can now experience Ritual's AI features in Starknet applications.
  • Ritual is integrating AI capabilities into the Arbitrum ecosystem to allow builders to access AI models for new on-chain functionalities.
  • Ritual announced that Infernet is now more accessible for users of all experience levels to run and integrate off-chain compute.
  • Ritual announced the Infernet CLI tool for quick node deployment and management on October 30.
  • Ritual is planning to introduce one-click incentivization after simplifying participation with one-click deploys.
  • Ritual is exploring machine learning-enabled lending, dynamic AMM fees, and expanded autonomous interactivity for on-chain gaming in Arbitrum's DeFi and consumer ecosystem.
  • Ritual is currently hiring a Backend Engineer in the United States.

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