Why does AI projects perform so well?

Personally, i plan to trade and invest more in other projects apart from Tap-to-earn projects. As we all know T2E projects have been drastically reducing in value. I don’t think these projects can get back to be the best ever and if they ever stand a chance again that could later in the year.

I found out AI projects have been performing well probably because they are utility-based or is there something i’m missing. A particular project that caught my attention was The Farm.

It is the first GenAI game built on Hyperliquid, it could eventually evolve into a general purpose AI agent launchpad on Hyperliquid as it is backed by Stardew Valley, Cryptokitties 2.0 and Pokemon Go. Its token was listed today and is also available for trading. https://www.bitget.com/spot/FARMUSDT

This question still lingers in my mind “why does AI projects perform so well?” because this token has been pumping so hard in less than two hours of listing. What do you think the reason could be ?

It's the major narrative for this bull-run. Maybe it won't be like that in 2029, who knows. But for this cycle, AI is the star among the utility projects

Because AI is in limelight at present.