Bittensor Soars on Anthropic Regulatory Setback and Jensen Huang's Endorsement

Bittensor's price rose almost 16% on Saturday after a regulatory setback for Anthropic, a competitor in the AI infrastructure space.

The move was seen as validation of decentralized AI infrastructure by Bittensor's community, with the company's official account tying the rally to the news.

Anthropic announced that it had been ordered by US authorities to suspend access to its Fable 5 and Mythos 5 models for non-US users globally due to a controversial jailbreak discovery.

TAO, Bittensor's token, surged almost 15% in the hours following Anthropic's announcement, with retail sentiment around TAO improving to 'extremely bullish' from 'bullish' zone on Stocktwits.