PANews reported on April 10th that Covenant AI has announced its withdrawal from the Bittensor network, accusing Jacob Steeves (a co-founder of Bittensor) of controlling the network alone, and claiming that its supposed decentralization is merely a "decentralized theater." Covenant AI stated that its team completed permissionless training of the Covenant-72B model (72 billion parameters) over the past two years, the largest-scale decentralized large language model pre-training run in history, which received recognition from NVIDIA's CEO and was cited by the co-founder of Anthropic. However, Steeves recently took several actions against it, including suspending subnet emissions, removing community channel management rights, unilaterally abandoning subnet infrastructure, and exerting economic pressure through large-scale token sales during conflict periods. Covenant AI believes that Bittensor's three-way multi-signature structure is not decentralized governance, and that Steeves maintains effective control and unilaterally implements changes. The team stated that it will continue to advance research on decentralized AI training.