The GPU Technology Conference of Nvidia, which has written itself among the world’s largest companies in one year and everyone is waiting with bated breath for the latest earnings report, has also created excitement in the cryptocurrency industry.

AI story continues

While artificial intelligence (AI), which was first seriously included in our lives at the end of 2021 with ChatGPT, continues to be talked about and used more and more every day, the hero of 2023 and 2024 was the Nvidia company. The chips produced by Nvidia, which suddenly became valuable with the explosion of demand in the world, was the centre of attention at the conference to be hosted by the company in the USA this month.

Cryptocurrency projects are also participating

Important names from the cryptocurrency industry will also attend this Nvidia conference. Jules Urbach, founder and CEO of Render Network, will also give a speech at the event.

Illia Polosukhin, one of the founders of NEAR, one of the cryptocurrency projects, will also be among the speakers. It is stated that Nvidia founder and CEO Jensen Huang will also attend the section where Polosukhin will speak.

These developments and the artificial intelligence wind in the world have brought rises in some cryptocurrencies.

In the last 24 hours, NEAR rose 35%, RNDR 32% and Fetch.ai (FET) 38%.

On the other hand, another cryptocurrency project, Ankr’s CEO Chandler Song and CTO Stanley Wu will also participate in the conference. ANKR has also risen over 30% in the last 24 hours.

Nvidia shares have increased 85% since the beginning of this year, 275% in the last 12 months and 2300% in the last 5 years.