According to Odaily, the cryptocurrency TAO experienced a significant price increase, reaching a peak of 327 USDT before settling at 320.5 USDT. This marks a 24-hour gain of 10.27%. This surge follows the recent announcement by Grayscale of a new decentralized artificial intelligence fund. The fund includes projects such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).