NEAR Protocol

Render

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 <p class="paragraph">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.</p>
 <p class="paragraph">As it happens, the Render Network’s native <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> 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.</p>
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    <p lang="en" dir="ltr">[1/4] This week’s BTN previews #GTC24, the largest AI and GPU technology event of the year.<br><br>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</p>— The Render Network (@rendernetwork) March 8, 2024
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 <p class="paragraph">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:</p>
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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  <p class="paragraph">“In this year’s talk, (…) Jules will unveil an updated vision for the future of generative AI, spatial media and decentralized GPU computing technologies. The talk explores how underlying GPU technologies can reshape various fields including gaming, visual effects, media, design, in the 2020’s and beyond.”</p>
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 <p class="paragraph">Furthermore, the event, organized by the AI computing behemoth Nvidia (NASDAQ: NVDA), will also feature other major names from the industry, including NEAR Protocol (NEAR) co-founder Illia Polosukhin, OpenAI COO Brad Lightcap and others, who will be showcasing the integration possibilities between blockchain and AI.</p>
 <h2 class="wp-block-heading" id="h-render-price-analysis">Render price analysis</h2>
 <p class="paragraph">Upon confirmation that its CEO will attend the conference, the price of RNDR has witnessed a substantial increase that saw it briefly trade above $10 before slightly retracing to the current $9.94, which still represents a 31.74% advance in the last week and a 127.90% gain on its monthly chart, as of data on March 8.</p>
 <figure class="wp-block-image"><img decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/03/08/f8b88e8c941e8fc91662bb0749c16013.webp" alt class="wp-image-159640" srcset="https://cdn.thebittimes.com/images/2024/03/08/f8b88e8c941e8fc91662bb0749c16013.webp 750w, https://cdn.thebittimes.com/images/2024/03/08/f8b88e8c941e8fc91662bb0749c16013.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Render price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">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” <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> list last year, and the recent developments might position it as the ‘Nvidia of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>,’ as it could become an essential AI infrastructure provider.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-ai-token-is-being-called-the-nvidia-of-crypto-tbt81991.html">https://thebittimes.com/this-ai-token-is-being-called-the-nvidia-of-crypto-tbt81991.html</a></p>

This AI token is being called the Nvidia of crypto

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