Last week, Nvidia made several significant announcements that were particularly important for altcoins focused on artificial intelligence. The company held the NVIDIA GTC 2024 event, which included a segment dedicated to cryptocurrency. One of the speakers at the event was Illia Polosukhin, the co-founder of NEAR Protocol. Polosukhin discussed topics such as the development of AI models and the role of blockchain in this field.
During the Transforming AI panel, NVIDIA’s CEO and co-founder, Jensen Huang, spoke about the digital economy and programmable money. Polosukhin highlighted the challenges and opportunities that arise from the convergence of AI and blockchain, emphasizing the potential of decentralized open networks.
At the event, a NEAR Coin official explained their goals in the context of AI and cryptocurrency, receiving praise from Jensen Huang who described NEAR as “very cool.” Polosukhin emphasized the protocol’s role in bridging the gap between the open web, programmable money, and AI. While the combination of AI and Web3 holds promise for growth, its applicability will need to be experienced and evaluated.
Disclaimer: The information in this article is not investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and should conduct their own research.
