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In a landmark collaborative shift for the artificial intelligence industry, leading technology giants—including OpenAI, Anthropic, and Block—have united under the Linux Foundation to launch the Agentic AI Foundation (AAIF). This non-profit consortium is dedicated to establishing the first comprehensive suite of interoperable standards for autonomous AI agents, aimed at preventing ecosystem fragmentation and ending the era of 'walled garden' proprietary AI. By donating core technologies like the Model Context Protocol (MCP) and AGENTS.md to neutral governance, these industry leaders are laying the groundwork for an 'Internet of Agents' where specialized AI entities can communicate, share tools, and collaborate across diverse platforms and cloud environments.This report analyzes the strategic motivations behind the AAIF, explores the technical architecture of its founding standards, and evaluates the broader implications for enterprise adoption. As AI transitions from passive chatbot interfaces to proactive autonomous actors, the establishment of the AAIF represents a 'USB-C moment' for the industry. The initiative is bolstered by the participation of global cloud providers such as AWS, Google Cloud, and Microsoft, ensuring that the next generation of agentic systems will be built upon a foundation of shared security protocols, verifiable identities, and scalable interoperability that mirrors the open success of the early web.