Blockchain project Ora, which integrates AI into decentralized applications, has raised $20 million from investors including Polychain, HF0 and Hashkey Capital. The funds will allow us to continue developing technology and infrastructure for tokenizing AI models and introducing decentralized AI into the Ethereum ecosystem.

Founded in 2022, Ora provides tools for developers to build decentralized applications powered by AI. The core of their product is Optimistic Machine Learning (opML) technology.

Ora also offers an “initial model offering,” or IMO, where ownership of open AI models can be tokenized.