[Covenant AI Announces Withdrawal from the Bittensor Network, Citing False Decentralization Claims] Deep Tide TechFlow reports that on April 10, Covenant AI founder Sam Dare published a statement disclosing that Covenant AI has officially announced its withdrawal from the Bittensor network. Covenant AI previously completed the largest decentralized LLM pre-training project in history—Covenant-72B (72 billion parameters, with participation from over 70 independent contributors), which garnered attention from NVIDIA's CEO and was cited by Anthropic's co-founder. In its statement, Covenant AI accused the Bittensor network of having its actual control long concentrated in the hands of co-founder Jacob Steeves (Const), claiming that the so-called "three-party multi-signature governance" is merely a performance of decentralization, with real power never being distributed. Recently, Jacob Steeves has taken a series of unilateral punitive actions against Covenant AI, including suspending its subnet revenue, revoking its community channel management rights, unilaterally deprecating its subnet infrastructure, and exerting economic pressure through large-scale token sales during the conflict between the two parties. Covenant AI stated that it is impossible to continue fundraising, recruiting talent, or gathering resources from the community on a network where the promise of "decentralization" can be overturned by a single individual at any time. Its research achievements, team, and models will leave along with the team, and new projects and related developments will be announced soon.