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Bittensor's BIGGEST Breakthrough Ever — Sam Dare Explains | On Chain Ep.2

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Sam Dare, founder of Covenant AI, just completed the largest decentralized AI training run in history. Covenant-72B: 72 billion parameters, 70+ contributors, no data center, trained on regular internet for roughly $2-3 million. In this interview, Sam breaks down how he did it, responds to the Pine Analytics critics, reveals Cursor may be using his research, and shares what's next for Templar, Basilica, and Grail on Bittensor.

⏱️Timestamps:
0:00 - Intro: The Man Behind Bittensor's Biggest Breakthrough
1:26 - Why Covenant-72B matters & the vision behind Templar
6:12 - The private jet vs Toyota analogy for AI
8:06 - History of decentralized training & who came before
10:01 - "I just wanted to do it" — building without knowing the destination
11:40 - Next steps: 8 billion parameter model & heterogeneous compute
13:49 - Templar, Basilica, and Grail explained
16:49 - "I'm a normal person" — Sam's unlikely path to AI
22:00 - Covenant brought $2B into Bittensor & what's next
24:58 - The cost problem & new algorithm for cheap compute
29:03 - Pine Analytics criticism — Sam's unfiltered response
33:02 - How dTAO works & why subnet tokens matter
38:04 - What success looks like in a year — King Kong model
58:50 - The miner emissions debate
1:02:26 - Speed is the moat & final thoughts

⚠️ Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.

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Видео Bittensor's BIGGEST Breakthrough Ever — Sam Dare Explains | On Chain Ep.2 канала Jesus Martinez
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