Ritual
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $25.0m | Early VC | |
* | N/A | Early VC | |
Total Funding | CAD34.1m |
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EditRitual is a pioneering company in the field of artificial intelligence (AI) infrastructure, focusing on creating an open and permissionless network for AI model development and distribution. The company operates in the AI and blockchain markets, serving multidisciplinary researchers, developers, and organizations that require robust and decentralized AI solutions. Ritual's business model revolves around building a crowdsourced governance layer that ensures safety, funding, alignment, and maintenance of AI models. This approach addresses critical issues such as privacy, computational integrity, and censorship resistance, which are often compromised in traditional, centralized AI infrastructures. Ritual generates revenue through subscription patterns, offering various AI resources, tutorials, and supported methods for AI model development. The company also provides an SDK (Software Development Kit) to facilitate the integration and deployment of AI models. By leveraging the principles of cryptography and AI, Ritual aims to democratize access to powerful AI technologies, ensuring they remain accessible to a broader audience.
Keywords: AI infrastructure, crowdsourced governance, decentralized AI, privacy, computational integrity, censorship resistance, blockchain, cryptography, open access AI, multidisciplinary research.