According to Odaily, Arweave AO has announced that it now holds over $400 million worth of stETH. Arweave AO is a new protocol built on the Arweave permanent data storage layer. It enables parallel application running through a decentralized computing model.

In addition to this, the protocol allows artificial intelligence applications to operate on-chain, enabling large language models to function within smart contracts. This development marks a significant milestone for Arweave AO, as it continues to expand its capabilities and services in the blockchain sector.