AO, an AI computing protocol launched on Arweave's (CRYPTO:AR) decentralised data storage, has garnered $158 million in deposits within a week of its inception through a 'fair launch.'

This innovative protocol supports parallel application running and facilitates AI operations within smart contracts, attracting significant attention for its technological solutions and community-driven economic model.

The success of AO underscores growing investor interest in AI-related cryptocurrencies, reflecting a broader market trend towards innovative blockchain applications in artificial intelligence.