Grayscale is being pretty straightforward this time: when the OpenAI folks can disconnect your internet at any moment, distributed computing power networks like Bittensor are no longer idealism—they’re a necessity.

CryptoWorld News reports that, as Anthropic restricts access to AI models, Bittensor’s TAO token rose 30% within 12 hours, reaching a nearly $283 three-week high. Zach Pandl, head of research at Grayscale, said the incident shows the extent of control that centralized companies and governments have over advanced AI tools, highlighting the need for decentralized alternatives. Pandl believes Bittensor offers a different model: an open global network for accessing AI resources. As investors look for alternatives to major AI labs, Grayscale expects demand for decentralized AI solutions to continue growing.