Nvidia GTC: Important step ensures increase in AI coins

During the Nvidia GPU Technology Conference (GTC) from March 18 to 21, Nvidia, the world’s leading technology company, will take a big step in the field of artificial intelligence (AI). With the presence of blockchain and crypto companies at the conference, Nvidia will demonstrate the power of AI with its AI supercomputer, generative AI, Nvidia Picasso, biological advancement and Nvidia Omniverse for industrial production.

This year, Nvidia’s (NVDA) stock price is up more than 88% as the company bills itself as a “World Leader in Artificial Intelligence Computing.” Parallel to the rise of Nvidia and the news about AI, the AI ​​coins have also risen.

The Nvidia conference will see a rise in AI tokens

AI altcoins have seen a surge of at least 150% in a month, amid major developments and funding in the AI ​​sector. This increase highlights the growing interest in projects and technologies powered by AI, even those that invest in AI companies.

Andreessen Horowitz, a Silicon Valley venture capital giant, has announced plans to raise $6.9 billion for new funds, two of which will focus on AI. The company believes AI is a driving force behind important developments in technology, creativity and the human experience, as discussed at the American Dynamism Summit.

With the advancement of the regulatory framework for AI in many jurisdictions, artificial intelligence is finding unique applications in various fields.

Before a major event, AI tokens show impressive performance

Near Protocol (NEAR) has gained over 40% in a week, leaving its price currently $1 higher at $7.94. The participation of Near Protocol’s co-founder and CEO Illia Polosukhin as a speaker on the ‘Transforming AI’ panel, along with Nvidia’s founder and CEO Jensen Huang at the Nvidia conference, fueled the rally.

Render and Ankr are also represented at the Nvidia AI conference. RNDR and ANKR are up 1% each in the past 24 hours.

At the same time, there are also other AI-related coins such as Fetch AI (FET), SingularityNET (AGIX), Worldcoin (WLD), The Graph (GRT), Conflux (CFX), Theta Network (THETA), Akash Network (AKT), which will experience a remarkable rally in the coming days.