Anthropic Halts AI Access, Bittensor (TAO) Surges 30% in 12 Hours

According to Odaily, Bittensor's TAO token surged 30% within 12 hours following Anthropic's suspension of AI model access to all users on Monday (June 16), reaching a three-week high of $283. The halt came after the U.S. government ordered Anthropic to pause access to its latest AI models for foreign nationals over national security concerns, prompting the company to suspend all user access to Fable 5 and Mythos 5 models.

Grayscale research head Zach Pandl highlighted that the incident exposes centralization risks in cutting-edge AI technology, signaling increased market demand for decentralized alternatives like Bittensor.