Groth noted that LTC and RNDR, the token of the Render Network, a provider of decentralized graphic processing units-based rendering solutions, ranked the CoinDesk Indexes biggest gainers for May. LTC and RNDR have risen roughly 20% and 7.5% over the past 30 days. “We’ve seen the narrative of GPUs broadly repurposed to be these big AI (artificial intelligence) clusters and Render is effectively a decentralized AI cluster,” Groth said. “So there’s no surprise that on a relative basis, it outperformed, given the buzz and hype over Chat GPT, all these LLMs. That caught some of that Nvidia bump up.”
Go to Source to See Full Article
Author: James Rubin