In this year when NVIDIA's stock continues to hit new highs, the NVIDIA GTC "GPU Technology Conference" to be held today evening, Beijing time, is undoubtedly the focus of attention in the technology community and Web3. It is reported that the conference will be held in San Jose, California from March 18th to 21st. Yesterday, mainstream AI sector tokens fell slightly after a general rise. Among them:

Worldcoin (WLD) rose 17% in 24 hours; it is now quoted at $9.3.

Arkham (ARKM) 24 Hourly increase of 22%; current price is $2.7.

Render(RNDR) Create A new all-time high, with a 24-hour increase of 32%; the current price is $12.9. It is reported that Render founder Jules Urbach will present "The Future of Rendering: Real-Time Ray Tracing, AI, Holographic Displays" on Wednesday, March 20th from 3:00 pm - 3:50 pm (Pacific Daylight Time) during the GTC24 conference. , and the Blockchain" (The future of rendering: real-time ray tracing, artificial intelligence, holographic display and blockchain).

SingularityNET (AGIX) 24 Hourly increase of 25%; current price is $1.1.

Fetch.ai (FET ) rose 23% in 24 hours; the current price is $2.7.

In addition, due to the NEAR Protocol Co-founder Illia Polosukhin recently announced that he will attend the "Transforming AI" keynote speech and panel discussion on March 20 during the GTC24 conference. NVIDIA founder Huang Jensen will also participate in the event. NEAR also saw a 26% gain yesterday and is now quoted at $7.77.

Nvidia cooperation dynamics are stable and good news

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This pull was expected by the community. After all, in the past two months, Nvidia-related developments have had a very direct impact on the currency prices of AI sector projects.

On March 13, Layer 1 blockchain Vanar, which focuses on NFT, AI and the game metaverse, announced a cooperation with NVIDIA, including CUDA, Tensor, Omniverse NVIDIA technologies, including those from and Gameworks, will be integrated into the Vanar platform to support its developer community. VANRY subsequently rose 42% in 24 hours.

At 15:00 on March 14, the Bitcoin L2 interoperability layer MAP Protocol announced that it has joined the NVIDIA developer program, aiming to accelerate the adoption of AI technology to drive Bitcoin The development of currency interoperability technology. MAP Protocol will use the resources and AI technology provided by NVIDIA to promote the research and implementation of AI technology for interoperability between the Bitcoin L2 ecosystem and other blockchain systems. Subsequently, MAP briefly rose by more than 23%.

BlockBeats previously reported that among the recent AI projects, many projects will join the NVIDIA Developer Program as an important progress in project advancement. As for the upcoming NVIDIA conference, project parties only need to purchase tickets to participate.

Related reading: ""NVIDIA Conference Expectations" has driven the general rise of the AI concept. What projects are lurking in the encryption market? 》

Not just in the AI sector, as a chip giant, NVIDIA has always had a profound influence on Web3. CoinDesk reported on March 15 that the 90-day correlation between Bitcoin and Nvidia shares had risen to 0.86, the highest level since May 2023, and turned positive in November. The 52-week correlation has been positive since July 2020 and has now risen to 0.88, the highest level since January 2023.

52-week correlation between BTC and NVDA sex. (TradingView/CoinDesk)

Therefore, this NVIDIA conference is not only a grand event in the technology circle, but the trends it reveals will also have an important impact on related projects in the Web3 field. BlockBeats will stay tuned.

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