RabitiAI Secures $5 Million to Advance Decentralized AI Tools

The AI company RabitiAI has announced a $5 million funding round led by Nortiyus, boosting its efforts to develop decentralized AI tools. These funds will be used to create solutions that allow users to deploy and manage AI models on a cross-blockchain architecture. Currently, RabitiAI’s applications are primarily focused on healthcare, finance, and logistics sectors. The company plans to release an enterprise-ready version of its decentralized AI tools in the third quarter of this year.