- The tech giant unveiled a processor with embedded intelligence
- After news like this, AI-related tokens rose
NVIDIA unveiled the DGX GH200 artificial intelligence supercomputer.
Such chips have built-in generative AI, which responds to user requests and can create text and pictures. Following such news, Nvidia’s share price soared 28%.
At the release of smart chips, AI-related cryptocurrencies are rising sharply. For example, the price of the FET token increased well.
This is the native currency of the blockchain platform Fetch.ai. It added 4.13% on Friday following the chip news.
SingularityNET, the native token of the decentralized AI marketplace SingularityNET, is rising in the same way. Against the backdrop of the Nvidia technology boom, the coin gained 9%.
From among the top 100, the most profitable last week was the Render token.
This is the rendering platform’s own coin based on the Render Network GPU. It grew 16.4% after the launch of the site and the Render Foundation.
By the way, this asset is the winner among the top 100 for the second week in a row. The week before last, the Render Token also rose strongly.
Blockchain technology could benefit AI projects by providing large-scale digital identity solutions.
To do so, however, miners will need to diversify their business operations by investing in infrastructure and personnel that can be adapted to AI applications.