#BittensorTAO , founded in 2019, is a decentralized AI network where miners provide machine learning models and earn TAO from clients using them. The models compete for accuracy, and the best users receive more rewards. It now operates on its own blockchain optimized for machine learning. Rayon Labs emphasizes that a major AI has already been launched on Bittensor through Chutes, which processes about 90 billion tokens daily and serves real users and applications worldwide.