Bittensor's subnet Chutes was chosen by Tencent to launch their AI model HY4, giving Bittensor access to nearly 1.5 billion monthly users on Weixin and WeChat. This partnership highlights decentralized AI's cost advantage over Big Tech's expensive AI expansions. Bittensor's TAO token price rose over 3% following the news, supported by growing subnet revenues and token buybacks, such as Almanac and Engy burning fees to buy back tokens. If this momentum continues, Bittensor could strengthen its position in the decentralized AI sector heading into 2027.
Bittensor's recent developments provide context for cryptocurrency market activity on Pluang. As of Nov 11, 2026 04:24 WIB, out of 50 major cryptocurrencies priced on Pluang, 9 rose and 40 fell. Notable movers include BAT at Rp2.219 with a 1-day change of -5.92%, ZIL at Rp29 down 4.92%, and CRV at Rp4.527 down 4.87%.
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