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1、BUILDBUILDBUILDBUILDType:Enterprise ReportState of AIContributors:Nov 2025Dec 2025Nov 2025Dec 2025ResearchResearchState of AIDecember 2,20250102030405060708OverviewUnderstanding DeAIDemand for Inference Is SoaringThe Shift to Frontier&Proprietary DataThe Agents Are HereSourcing Talent Through Na

2、tural SelectionEnd-to-End DecentralizationBringing AI OnchainTable of ContentsChris Davis,Dylan Bane,Sam Ruskin,Mohamed AllamState of AIDecember 2,2025DisclaimersAll content was produced independently by the author(s)and does not necessarily reflect the opinions of Messari,Inc.Author(s)may hold cryp

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6、any form by any means or(b)redistributed without the prior written consent of Messari.No contributors paid to be included in this report.Get more than insights,get an edgeMessari Enterprise gives you exclusive access to in-depth research,powerful data tools,and a direct line to our expert analysts.L