Nvidia conference is coming! The AI ​​track is booming

Since Bitcoin (BTC) has sharply corrected from the high of $69,000, it has entered a consolidation trend. However, mainstream altcoins (Altcoins) such as Ethereum ($ETH) and Solana ($SOL) have begun to rise. The AI ​​that has attracted much attention recently The track also experienced a surge due to news from the Nvidia 2024 GTC conference.

AI blockchain project Render Network ($RNDR) announced that its CEO and founder Jules Urbach will attend a lecture at the Nividia GTC conference, which is expected to be held on March 20, Pacific time.

What is Render?

Render is a GPU computing power network. While maintaining the security of the blockchain, node vendors also rent GPU computing power, allowing users to exchange $RNDR for additional computing power for cloud rendering scenes.

The theme Urbach will talk about at the GTC conference is "The Future of Rendering". He will mainly discuss the prospects of GPU and AI-driven rendering and how it will affect the fields of games, visual effects, media, design and art in the 2030s and beyond. He will also talk about Render. How Network, Brigade and OctaneRender promote the growth of OTOY product.

This news of simply attending the event seems to be interpreted by the market as a major benefit. $RNDR surged overnight, reaching a high of $10.256 at the time of writing this morning, equivalent to a cumulative gain of more than 55% from yesterday’s low of $6.583. Other AI tokens also rose accordingly, such as $FET, which surged 48.3% during the day, and $WLD, which also rose by nearly 20%.

The founder of Near will attend the lecture hosted by Huang Renxun, and the currency price will also soar

Projects that benefited from the news at the Nvidia conference include the cross-chain public chain Near Protocol ($NEAR). Conference event information shows that Near Protocol co-founder Illia Polosukhin will attend the "Tranforming AI" lecture delivered by Nvidia founder Huang Jen-Hsun. Experts attending the meeting include OpenAI technician Lukasz Kaiser and Character.AI co-founder Noam Shazeer.

Launched in 2020, Near Protocol is a decentralized developer platform powered by a sharded smart contract blockchain with the goal of scaling blockchain systems to mainstream adoption. Before Polosukhin founded Near Protocol, he had work experience in AI research and co-authored the important paper "Attention Is All You Need".

As of writing this morning, $NEAR once surged to a high of $6.195, which is a cumulative increase of 54.8% based on yesterday's low of $4.

This article is reproduced with permission from: CryptoCity

Review editor: Gao Jingyuan

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