Render (RNDR) surges to new ATH ahead of biggest AI event of 2024

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Render (RNDR), a prime decentralized GPU-based rendering and AI processing resolution, is among the finest performing AI associated tokens immediately.

The value of RNDR, the mission’s native token, has spiked greater than 17% prior to now 24 hours and 54% prior to now week. On March 9, 2024, Render’s value crossed the $10 degree to hit a brand new all-time excessive above $11.97.

Render CEO to talk at NVIDIA’s GTC 2024

Render, which additionally permits for decentralized functions throughout digital rights administration (DRM) and non-fungible tokens (NFTs), is attracting rising consideration amid a broader rally for AI crypto.

These tokens have soared in latest weeks as main developments unfold within the AI area. RNDR for example skyrockted after OpenAI’s launch Sora in February.

Right now’s good points for RNDR come as the factitious intelligence area appears to be like ahead to one of many greatest AI occasions on this planet this 12 months. Between March 18 and 21, AI chip big Nvidia will headline the GTC 2024 convention.

The occasion might be held in San Jose, Carlifornia and can see Render CEO Jules Urbach converse.

In line with particulars shared in a weblog publish, Urbach’s speech will deal with the ‘The Way forward for Rendering: Actual-Time Ray Tracing, AI, Holographic Shows, and the Blockchain’. Key subjects will embody generative AI, spatial media and decentralized GPU computing applied sciences.

“I feel it will likely be one in all my most related GTC talks, and a mirrored image of the following paradigm shift we’re coming into for distributed GPU techniques, on par with the primary one again in 2013 — once I took the stage with Jensen to announce Render’s centralized precursor (ORC) after which launched with AWS,” Jules instructed the Render Community.

RNDR’s value outlook forward of the NVIDIA GTC 2024 convention mirrors the broader AI ecosystem, which has seen its market cap rise to over $28 billion.

Bittensor (TAO), (FET) and SingularityNET (AGI) are a few of the tokens to soar in latest weeks. In the meantime, Nvidia’s inventory has additionally pumped, persevering with its uptrend from 2023.

The publish Render (RNDR) surges to new ATH forward of greatest AI occasion of 2024 appeared first on Invezz

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