Venture capitalists and innovators are increasingly focusing on the intersection of artificial intelligence and blockchain. In June, several companies developing solutions based on these technologies announced substantial capital raises. Sentient, an AI research organization, raised $85 million to develop an open-source AI platform. Another startup, ORA, raised $20 million to generate revenue for developers using AI models and blockchain. Additionally, Lombard raised $16 million to develop a Bitcoin restaking ecosystem, Redacted secured $10 million for an 'Entertainment Datasphere', and RedStone closed a $15 million Series A round.