According to online reports, according to Bitcoin.com, blockchain project Lightchain AI announced the official launch of the test network and completed US$15 million in financing. The main technological innovations of this project include the two cores: Proof of Intelligence (PoI) consensus mechanism and AI virtual machine (AIVM). Among them, the PoI consensus mechanism is implemented by rewarding nodes to solve AI computing problems, while AIVM provides developers with a toolset for building AI applications on the blockchain. The project is currently in the final round of pre-sales, and the financing will be used for technology development, infrastructure expansion and talent recruitment. Lightchain AI plans to launch its main network in 2025 and will focus on developing enterprise-level decentralized AI solution business in the future.