PANews reported on May 26 that according to the Brian team's announcement, the AI intent recognition project Brian, which started at the ETHPrague hackathon in 2023, officially announced the termination of the project and returned the remaining funds due to the loss of market first-mover advantage and failure of seed round financing. The team criticized VCs for focusing on TGE and hype rather than the actual progress and application value of the project, which led to the marginalization of serious construction teams in the AI boom. Brian once realized the on-chain transaction of natural language through LLM, and planned to launch a small model and practical tokens exclusive to Web3, but ultimately stopped due to industry speculation and infrastructure cost pressure.