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In the recent quarter, the integration of AI and blockchain has become a hot spot for funding. According to data, the total global funding in this field reached $4.7 billion in the third quarter, a threefold increase compared to the same period last year, demonstrating the market's enthusiasm for this track.
The actions of several heavyweight projects are worth noting. Ritual, which is building a decentralized AI inference network, just secured $90 million from well-known investment institutions, becoming a star in this wave of funding. Meanwhile, Gensyn, focused on the distributed computing market, also didn't sit idle, completing a $60 million Series B funding round from a renowned venture capital firm. These large-scale financings are not unfounded; they reflect that these projects indeed have outstanding technological applications and business models.
Even more exciting is the performance of on-chain AI oracle projects. Ora Protocol's token price increased by 520% in less than a month since its launch, once becoming a hot topic in the market. While such data should be viewed rationally, it also indirectly indicates how high investors' expectations are for AI + on-chain applications. The simultaneous rise of funding, token performance, and market enthusiasm clearly shows that this is not just a fleeting hype, but a gradually forming new track.