Demand for AI has soared this year, with some experts labeling the adoption of the technology as the Fourth Industrial Revolution.
After GPU giant Nvidia announced breakout earnings last week, artificial intelligence (AI) crypto tokens have surged in value.
At the time of publication, OpenAI CEO Sam Altman’s Worldcoin (WLD) is currently trading at $8.04, representing a gain of 240% over the past month. Similarly, blockchain AI analytics firm Arkham Intelligence’s native token, ARKM, has gained 211% during the same period, with a current price of $1.68.
On Feb. 21, Nvidia announced revenue and earnings of $22.1 billion and $12.3 billion, respectively, in Q4 2024, representing increases of 265% and 769% compared with Q4 2023. “Accelerated computing and generative AI have hit the tipping point; demand is surging worldwide across companies, industries, and nations,” said Jensen Huang, founder and CEO of NVIDIA, regarding the solid quarter.
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Source: https://cointelegraph.com/news/ai-tokens-rally-amid-nvidia-breakout-earnings