Following Trump’s confirmation, a few cryptocurrencies linked to decentralized artificial intelligence (AI) projects rallied.
To put it simply, decentralized AI refers to AI systems that operate across a distributed blockchain network, rather than being controlled by a single centralized entity like Google or OpenAI. The financial transactions of these projects are paid in crypto assets.
TAO, the AI coin behind the open-source protocol Bittensor powering the decentralized machine learning network, was trading at $441.83, up 8.8% in the last 24 hours.
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