Ritual | Latest News & Updates - Nov 18, 2024 Release

On November 18, 2024, Ritual launched the Ritual Foundation to promote global adoption of Ritual Chain, the first Layer 1 blockchain with embedded AI capabilities...


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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

  • On November 18, 2024, Ritual launched the Ritual Foundation to promote global adoption of Ritual Chain, the first Layer 1 blockchain with embedded AI capabilities.
  • Ritual announced the first batch of Ritual Altar companies, including Relic, which is developing ML-enabled Automated Market Makers.
  • Ritual has implemented vTune to improve the verification of consumer fine-tuning services for large language models.
  • Ritual is preparing for a public launch of a beta network for expert underwriters to run credit models.
  • Ritual is developing Anima, a project focused on creating crypto-native AI models and making AI multiplayer.
  • Ritual announced plans to enhance AI verifiability using a combination of lazy ZK and OP with vTune.
  • Karan expressed excitement about @sanlsrni from Ritual for their continuous product development.
  • San Lsrni from Ritual participated in an expert panel at the Open AGI Summit on November 14 discussing decentralized AI training.
  • Ritual is working on open-source AI projects with contributions from team members including Arka Pal, Eva Zhang, Akilesh Potti, and Micah Goldblum.

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