- The tech giant introduced a processor with built-in intelligence
- After such news, AI-related tokens rose
NVIDIA introduced artificial intelligence supercomputer DGX GH200. Such chips have a built-in generative AI that responds to user requests, can create text and pictures. After such news, the price of Nvidia shares soared by 28%.
Against the backdrop of the release of smart chips, AI-related cryptocurrencies are also growing sharply. For example, the price of the FET token has increased well. It is the native currency of the Fetch.ai blockchain platform. It gained 4.13% on Friday after the chip news.
Similarly, the price of SingularityNET, the native token of decentralized AI marketplace SingularityNET, is rising. Against the backdrop of the Nvidia technology boom, the coin rate rose by 9%.
Among the TOP-100, the most profitable last week was the Render token. It is the native coin of the Render Network GPU-based rendering platform. It grew by 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, Render Token also rose strongly.
Blockchain technology can benefit AI projects by providing digital identity solutions at scale. However, to do this, miners will need to diversify their business operations by investing in infrastructure and staff that can be adapted for AI applications.