Bitcoin

The AI arms race between tech giants is accelerating, and it comes at a time when crypto AI tokens (e.g., FET, AGIX, RNDR) have already lost momentum after a strong Q1 2024. This event underscores that centralized AI innovation may outpace decentralized alternatives, challenging the investment thesis for many crypto AI projects.

Meta and OpenAI have launched new AI agents that are in direct competition.