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Bittensor's Subnet Tokens Surge, AI Models Rival Big Tech

Published 3 days, 2 hours ago
Description

Bittensors TAO token surged ninety percent this month, reaching over three hundred thirty-two dollars, with its subnet tokens also soaring. These subnets, specialized networks for AI tasks, saw significant gains, with some like Templar and OMEGA Labs rising four hundred forty-four and four hundred forty percent respectively. Nvidia CEO Jensen Huang and investor Chamath Palihapitiya praised Bittensor, driving up prices and attracting serious stakers. Subnet three, Templar, launched Covenant-72B, a language model rivaling Metas Llama 2 70B, boosting subnet token values. Bittensor plans to double subnets this year, potentially opening doors for big money with a Grayscale TAO spot ETF.

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