This AI token is being called the Nvidia of crypto

With the reinvigorated interest in artificial intelligence (AI) technology, decentralized platforms that offer related services are facing increased demand, including Render (RNDR), the leading provider of decentralized GPU-based rendering and AI digital rights management solutions.

As it happens, the Render Network’s native token is currently witnessing massive gains in anticipation of the largest AI and GPU technology event of the year, NVIDIA GTC 2024, which will take place on March 18-21 in San Jose, California, and host Render’s founder and CEO, Jules Urbach.

[1/4] This week’s BTN previews #GTC24, the largest AI and GPU technology event of the year.Read more to learn about breakthroughs in AI and GPU technology that are coming to GTC as well as the details of @julesurbach’s talk featuring @rendernetwork!https://t.co/J8lSTKT1Pd

According to the company’s blog post, Urbach will be giving his first live talk at GTC24 since before the COVID-19 pandemic and plans to discuss the future and advancements in the field of distributed GPU computing that the Render Network has been developing. As the blog reads:

Render price chart. Source: Finbold

Ultimately, this is a good sign for RNDR, which suffered a blow after the United States Securities and Exchange Commission (SEC) placed it on the “problematic” token list last year, and the recent developments might position it as the ‘Nvidia of crypto,’ as it could become an essential AI infrastructure provider.

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