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Zach Pandl: U.S. restriction on Anthropic model access drives surge in Bittensor and TAO tokens

Zach Pandl: U.S. restriction on Anthropic model access drives surge in Bittensor and TAO tokens

AiCoinAiCoin2026/06/16 04:03
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According to Cointelegraph, Grayscale Head of Research Zach Pandl stated that the U.S. request for Anthropic to cut off AI model access has increased the need for decentralized alternatives. The U.S. government asked Anthropic to suspend access for foreign citizens on national security grounds, resulting in Anthropic disabling Fable 5 and Mythos 5. Within 12 hours of Anthropic cutting off access, Bittensor's TAO token surged 30%, reaching $283. Zach Pandl referred to Bittensor as the Bitcoin of the AI sector.
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