The post AI Coins and NVDA Price Surge as Nvidia CEO Hints At New Industrial Revolution appeared on BitcoinEthereumNews.com.

AI coins and NVDA prices have ticked upwards following Nvidia’s CEO’s bullish statement on the market. Jensen Huang stated the market is at the beginning of a new Industrial Revolution. The clamor for the innovation and adoption of Artificial Intelligence has led to a rally in associated sectors. Nvidia CEO Makes Bullish Projection  In a recent CNBC interview, Jensen Huang noted that the market is on the cusp of another Industrial Revolution. This came following a meeting with AI leaders in the United States to steer the sector to new heights. According to him, AI will change computer systems in various areas with the United States looking to shape the sector. “We were talking about energy about this new industry called AI factories and obviously, we are at the beginning of a new Industrial Revolution. And this industry is going to be producing intelligence and what it takes is energy and a lot of great computer science. We got to make sure that everyone needs to come in, the opportunities of it, the challenges, and doing it in the most efficient and scalable way we can.” Huang tipped public and private investment for the market based on its growth and its energy use. Artificial Intelligence has sparked a rally in the crypto markets in recent months. This week, XRP Healthcare leveraged on AI with its price gaining 5%. In Q1 2024, the AI buzz led to a widespread rally within the crypto community as several coins marked gains.  AI Coins and NVDA Surge  Following Nvidia’s CEO projection, the price of most AI coins spiked as bulls lock gaze at new highs. Near Protocol is up 5.8% in the last 24 hours while Synesis One and Spectre AI are up 19.8% and 13.5% respectively.  The upward movement of AI coins occurs…

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Filed under: News - @ September 13, 2024 1:24 am