Subnet developer Covenant AI announced its exit from Bittensor due to decentralization concerns and alleged punitive actions by the AI-focused network ecosystem co-founder, Jacob Steeves. Covenant AI Slams Bittensor’s Decentralization On Friday, Covenant AI’s founder, Sam Dare, released a statement announcing the subnet developer’s departure from decentralized artificial intelligence network Bittensor, citing governance disputes and…
Tag: Bittensor
Bittensor (TAO) Surges 28% As Nvidia CEO Huang Praises Open AI Models
Bittensor’s TAO ripped higher on Thursday and topped in early European trading on Friday after Nvidia CEO Jensen Huang highlighted the project on the All-In podcast, pushing the token from $243.5 to $310.6 before it cooled to $298.1 by press time. The move put one of crypto’s most closely watched AI-linked assets back in focus,…