OpenAI, Anthropic, and Google have teamed up to work on AI safety. The bigwigs joining forces to manage risks sounds quite serious, but don’t forget they’re also competing for compute, energy, and narratives. AI safety is the face-saving part; fighting for market positioning is the real substance. When it comes down to it, in a showdown, whoever violates first—or gets there first—might also be the one who wins. In the short term, there’s no direct transmission to the crypto market, so don’t force a bullish takeaway.

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