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The Agentic AI Foundation (AAIF) was established in late 2025 by industry leaders like OpenAI and Anthropic to solve the fragmentation of autonomous AI systems through universal standards. Often described as a "USB-C moment" for technology, this initiative introduces the Model Context Protocol (MCP) to unify how models connect to data, alongside AGENTS.md for standardized instructions and Goose for local orchestration. These frameworks aim to build a broader "Internet of Agents" where specialized AI entities can interact securely across different platforms and providers. Despite this push for a federated, open ecosystem, the industry faces a strategic split as Meta pursues a proprietary, vertically integrated path with its own "Super-Agent" models. Furthermore, the shift toward autonomous code execution introduces significant security paradoxes, requiring new defenses like Secure MCP Gateways to prevent malicious prompt injections and unauthorized data access. Overall, the AAIF represents a critical effort to move beyond passive chatbots toward a portable, interoperable, and governed future for artificial intelligence.