Nvidia chip boom a boost for AI-related cryptos

Nvidia chip boom a boost for AI-related cryptos



This week has seen a surge in interest in cryptocurrencies with AI themes as a result of rising demand for Nvidia AI chips. The chips power generative AI, which generates text and images in response to user requests. Nvidia's share price has increased by 28% due to the demand for the chips.



Fetch.ai, a blockchain platform powered by AI, uses FET as its native currency. It has a market valuation of US$193 million. Over the last 24 hours, it gained 4.13%.



The native token of the decentralized AI marketplace SingularityNET, SingularityNET, also increased 9% over the previous day.



Additionally, the native coin of the GPU-based rendering platform Render Network, Render Token, increased by 3.31%.



source



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#AI, #ChatGPT, #Cryptonewstoday, #Nvidia

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