According to Odaily, decentralized artificial intelligence company RabitiAI has announced the completion of a $5 million funding round led by Nortiyus. The newly acquired funds are intended to support the development of tools and infrastructure that enable users to deploy and manage AI models on a cross-blockchain architecture. Currently, RabitiAI's solutions are primarily applied in the healthcare, finance, and logistics sectors. The company plans to release an enterprise-level commercial version of its decentralized AI tools in the third quarter of this year.

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