Bittensor Rises 16% After Anthropic AI Model Shutdown Order

TAO22.50%
BTC0.71%
ICP11.44%

Bittensor (TAO) rose nearly 16% on Saturday after the decentralized AI network's official account tied the rally to a regulatory setback for Anthropic. TAO.com quote-tweeted Anthropic's statement on the US government's directive suspending access to its Fable 5 and Mythos 5 models, framing the episode as validation for decentralized AI infrastructure. The post stated the network is building decentralized AI 'because the off switch cannot belong to one hand,' positioning the technology as an alternative to centralized AI systems gated behind 'one API, one vendor, one jurisdiction, or one policy mood.'

US Government Orders Anthropic to Halt Two AI Models

According to Anthropic's official statement, the U.S. government, invoking national security authority, ordered the company to suspend all non-U.S. persons worldwide, including its own employees, from accessing its large models Fable 5 and Mythos 5. The ban was triggered by a controversial jailbreak discovery, stated the company. While Anthropic disagreed with the directive, it has complied with the law. In a statement, the company said that access to all other models in the Claude series remains unaffected.

TAO.com Posts Decentralized AI Defense Following Anthropic News

In a post on X, TAO.com quote-tweeted Anthropic's statement on the US government's directive suspending access to its Fable 5 and Mythos 5 models. 'We are not building decentralised AI because it sounds better,' the account wrote. 'We are building it because the off switch cannot belong to one hand. If AI is going to run the economy, you cannot have it gated behind one API, one vendor, one jurisdiction, or one policy mood.' The post ended with 'Viva la $TAO.'

TAO surged almost 15% in the hours after Anthropic's announcement. The bars at the bottom of the chart were mostly muted through June 11-12, then spiked sharply right at the breakout candle on June 13, indicating a surge in trading activity rather than a thin-volume wick. As of writing, TAO's price was trading at $250. On Stocktwits, it was one of the top trending tickers. Retail sentiment around TAO improved to 'extremely bullish' from 'bullish' zone, while chatter stayed at 'extremely high' levels over the past day.

Retail Users Reference Nvidia CEO's March Comments on Bittensor

Following the surge, retail opinion about TAO has swung optimistically, with several Stocktwits users pointing to larger triggers outside of the Anthropic announcement. One user cited previous remarks made by Nvidia (NVDA) CEO Jensen Huang on Bittensor, encouraging people to 'pay attention' when Nvidia's CEO talks about the network and providing links to other commentary on the subject.

In March, Nvidia (NVDA) CEO Jensen Huang spoke about the token, calling it 'a modern version of folding@home' to Chamath's description of a decentralized AI training run on Templar, Bittensor Subnet 3. Some users have presented TAO as a component of a more comprehensive cryptocurrency accumulation strategy. One suggested that investors stake TAO on exchanges that allow for flexible staking and combine it with Bitcoin (BTC) and Internet Computer (ICP) as a higher-volatility supplement to a core BTC holding.

FAQ

What did Bittensor's price do on Saturday? Bittensor (TAO) rose nearly 16% on Saturday. As of writing, TAO's price was trading at $250.

Why did the US government order Anthropic to halt two AI models? According to Anthropic's official statement, the U.S. government, invoking national security authority, ordered the company to suspend all non-U.S. persons worldwide from accessing its large models Fable 5 and Mythos 5. The ban was triggered by a controversial jailbreak discovery, stated the company.

What did Nvidia CEO Jensen Huang say about Bittensor in March? In March, Nvidia (NVDA) CEO Jensen Huang spoke about the token, calling it 'a modern version of folding@home' to Chamath's description of a decentralized AI training run on Templar, Bittensor Subnet 3.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments