Artificial Intelligence (AI) is booming, but AI crypto tokens are struggling to keep up. In May, Anthropic raised $65 billion at a $965 billion valuation, while the entire AI-coin sector is worth around $25 billion. Meanwhile, Nvidia reported $96.2 billion in quarterly revenue in July, up 106% from a year earlier.
The disconnect is striking: capital is pouring into AI, yet most major AI-related cryptocurrencies remain 70%-90% below their 2024-2025 highs.Â
The reason may be where investors see the value. Venture capital is increasingly targeting AI infrastructure, compute, agents and other businesses with measurable revenue, rather than simply buying the tokens attached to the AI narrative.
