Commodities AI Ltd (ChAI), an AI-driven commodity intelligence company, has completed a seed round to expand its industry-leading services into new markets and provide real-time commodity price forecasts to new global audiences, including commodity companies and key supply chain providers. The funding announcement marks an important milestone in ChAI's product development and ability to provide important information to a range of stakeholders as commodity markets continue to experience significant volatility. Under current market conditions, supply chain providers need long-term forecasts to address global food security challenges. ChAI uses purpose-built AI technology to analyze thousands of data sets to determine what variables are driving market prices. At the same time, through the use of AI technology, the company is able to predict raw material costs, identify risks and help its customers to effectively purchase the necessary raw material products.