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Ritual AI Web3 is a layer 1 blockchain designed to natively integrate AI and advanced computation into its core infrastructure. Ritual AI blockchain project enables developers to build intelligent, verifiable, and censorship-resistant applications powered by expressive compute and on-chain smart agents.
On November 8th, 2023, TheBlock reported that the project had closed a $25M Series A Ritual funding round led by Archetype, with Accomplice Blockchain and Robot Ventures also participating.