Anthropic shutdown makes a strong case for decentralized AI: Grayscale

Written by Martin Youngstaff writerReviewed by Jesse Coghlanstaff editorWritten by Martin Youngstaff writerReviewed by Jesse Coghlanstaff editorAnthropic shutdown makes a strong case for decentralized AI: GrayscaleLatest NewsPublishedJun 16, 2026Grayscale says decentralized AI tokens gained after the US government ordered Anthropic to cut access to its latest AI models, showing user demand for alternatives to centralized AI.Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head of research Zach Pandl said in a note on Monday that the order to cut access to Anthropic’s Fable 5 and Mythos 5 shows “the centralized control of frontier AI technology and drives home the need for decentralized alternatives.”“We expect demand for decentralized AI, like Bittensor and its TAO token, to continue to rise as investors seek alternatives,” Pandl said.The US government on Friday directed Anthropic to suspend access to the models for foreign nationals over national security concerns. Anthropic subsequently disabled access to Fable 5 and Mythos 5 for all users to comply with the order.Pandl noted that in the 12 hours after Anthropic cut access to its latest models, Bittensor’s TAO token climbed 30% as users sought out a decentralized alternative, climbing to a three-week high of $283 on Monday.TAO has outperformed the wider crypto market over the past week. Source: CoinGeckoPandl explained that Bittensor offers an “alternative vision for AI based on decentralized principles,” aiming to provide access to AI resources through an open, global, decentralized network. “Think of it as Bitcoin for AI.”“Access to artificial intelligence is becoming an increasingly important economic resource,” Pandl added. “As AI capabilities continue to improve, governments and A…

Anthropic shutdown makes a strong case for decentralized AI: Grayscale

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