Featured News: NVIDIA CEO Jensen Huang Speaks For This Altcoin, Says “Very Cool”

At the NVIDIA GTC 2024 conference, a premier event for AI hardware innovation, the spotlight was on the future of AI, Blockchain and Open Web innovation.

Among the speakers was Illia Polosukhin, co-founder of NEAR Protocol (NEAR), who shared her views on the evolution of artificial intelligence models and the important roles of Blockchain and token economies. Polosukhin was the only Blockchain industry founder to speak at the NVIDIA event.

The “Transforming AI” panel, hosted by NVIDIA CEO and co-founder Jensen Huang, featured all but one of the co-authors of the groundbreaking 2017 research paper “Attention is All You Need.” This article introduced the Transformer architecture, a breakthrough in natural language processing. Co-authors have since contributed to projects such as OpenAI, Inceptive, and Essential AI.

Practical applications of Blockchain technology were discussed in the panel session. Polosukhin discussed programmable money and its impact on the current and future states of digital economies. Polosukhin discussed the challenges and opportunities presented by the convergence of artificial intelligence and blockchain, offering a comprehensive perspective on the potential of these technologies to enable a more decentralized and efficient open network.

According to the official statement made by NEAR developers, NVIDIA CEO Jensen Huang said that “NEAR is very cool.”

After the development emerged, there was an increase in the price of NEAR:

Chart with minute candles showing the rise in the NEAR price.

SOURCE

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