According to Odaily, Arweave AO has announced that it has deposited approximately $300 million worth of stETH into AO. AO is a new protocol built on the Arweave permanent data storage layer, which can facilitate parallel application operation through a decentralized computing model.
In addition to this, the protocol allows artificial intelligence applications to run on-chain, enabling large language models to operate within smart contracts. This development marks a significant step in the integration of artificial intelligence and blockchain technology, potentially opening up new avenues for decentralized applications.
