The nexus of artificial intelligence and blockchain technology continues to evolve with the increased interest and development of AI-blockchain applications. Decentralized compute, open source Large Language Models (LLMs), model marketplaces, and early examples of AI assistants and autonomous agents are emerging throughout Web3. Currently, builders are focused on decentralizing compute to horizontally scale and democratize model infrastructure. This will increase consumer access to LLMs and contribute to a multimodal world with thousands of open-source general and fine-tuned LLMs.