Bittensor TAO Surges 30% to Three-Week High After US Orders Anthropic to Restrict Foreign AI Access

TAO-4.61%
BTC-1.14%
According to Grayscale research, Bittensor's TAO token surged 30% within 12 hours of the US government ordering Anthropic to restrict foreign access to its advanced AI models on June 12, reaching a three-week high near $283. Grayscale's head of research, Zach Pandl, noted that Anthropic's decision to disable access to Fable 5 and Mythos 5 for all users demonstrated centralized control over AI technologies, highlighting demand for decentralized alternatives such as Bittensor, which he described as "Bitcoin, but for AI."
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