Grayscale Looks Beyond AI Tokens To The Data And Credit Behind Computing

Grayscale’s October 23 research note looks at a more specific crypto-and-AI proposition than a general bet on smarter software: who supplies training data, who finances hardware and who receives payment when computing capacity is used.
TL;DRThe report highlights DATA, USD.AI and Pearl as examples of different infrastructure roles.
Hardware financing introduces credit questions alongside blockchain mechanics.
A useful service and a valuable token remain separate propositions.
Three business mod