Ora, Aiming to ‘Unlock Design Space for AI Dapps,’ Raises $20M

Ora, a blockchain project founded in 2022 to integrate AI into decentralized applications (dapps), announced it has raised $20 million in funding from investors including Polychain, HF0, and Hashkey Capital. The funds will be used to develop technology and infrastructure for tokenizing AI models and bringing decentralized AI to the Ethereum ecosystem. Ora’s verifiable oracle protocol provides developers with tools to build trustless and decentralized AI applications. Their Optimistic Machine Learning (opML) technology underpins their product, opp/ai, offering secure, efficient on-chain machine learning with privacy-preserving features.

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