Blockchain project Ora announced the completion of a $20 million financing led by Polychain, with participation from HF0 and Hashkey Capital. The project aims to integrate AI into decentralized applications (dapps) through "on-chain AI oracle". The funds raised will be used to develop its technology and infrastructure to tokenize AI models and introduce them to the Ethereum ecosystem. Ora also launched an "initial model offering" (IMO), which allows the ownership of open source AI models to be tokenized. (CoinDesk)
