According to ChainCatcher, Cointelegraph reported that the Arweave-based AI application computing protocol AO attracted more than $158 million in funds within a week after the fair sale.

It is reported that AO is a new protocol built on the Arweave permanent data storage layer, which can realize parallel application operation through a decentralized computing model. At the same time, it can also allow artificial intelligence applications to run on the chain, allowing large language models to run in smart contracts.