Polychain Leads Millions More in Ritual to Decentralize AI, BitMEX Co-Founder Joins Advisory
• Polychain Capital made a multimillion dollar investment in AI platform Ritual, topping up its $25M funding round
• Ritual raised the $25M in November to address centralized AI systems
• AI is of interest in blockchain to counter Big Tech giants building an AI oligarchy
• BitMEX co-founder Arthur Hayes joined Ritual's advisory board in January
• Hayes cited the need for a censorship-resistant AI economy