Decentralized AI company RabitiAI raises $5 million in funding

According to a report by Golden Finance, decentralized artificial intelligence company RabitiAI announced the completion of a $5 million financing round led by Nortiyus. The new funds are intended to support the construction of tools and infrastructure, enabling users to deploy and manage artificial intelligence models on cross regional blockchain based architectures. Currently, its solutions are mainly applied in fields such as healthcare, finance, and logistics. It is expected to release an enterprise level commercial version of the decentralized AI tool in Q3 of this year.