Venice and Morpheus tokens climb as US ban on Anthropic’s Fable 5 fuels ‘permissionless AI’ pitch

The Block·

Venice and Morpheus tokens climb as US ban on Anthropic’s Fable 5 fuels ‘permissionless AI’ pitch

60-second summary

Erik Voorhees, founder of Venice, and the official Morpheus account are capitalizing on the US ban of Anthropic's Fable 5, framing it as proof of "permissionless" AI's use case. They claim this approach allows for more freedom and innovation in AI development, sparking a debate on the merits of decentralized AI versus traditional, permission-based models.

Venice founder Erik Voorhees and the official Morpheus account seized on the shutdown, casting it as proof of "permissionless" AI's use case.