Phala Network announces major updates to fully integrate AI into the Web3 ecosystem

According to the Odaily Planet Daily report, the decentralized cloud computing platform Phala Network announced a major platform update: changing from Phat contract to AI-Agent contract, marking a strategic pivot to fully integrate artificial intelligence into the Web3 ecosystem. Phala paves the way for the development, ownership and monetization of AI Agents in a decentralized environment by introducing AI-Agent contracts. The AI-Agent contract aims to integrate the functions of AI with the decentralized nature of the blockchain to provide a powerful platform for AI Agents to operate autonomously and generate value in the ecosystem.