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Nvidia shows the way to AI: crypto market reaction
By Davide Grammatica
Nvidia unveils Project DIGITS, a “personal” supercomputer for AI: could it also play a role in new crypto solutions?
Nvidia's supercomputer
Project DIGITS consists of a new “personal” AI supercomputer. It was unveiled in Las Vegas these hours by Nvidia, during the Consumer Electronics Show (CES), and it has already got investors and enthusiasts discussing it.
“We are entering the era of physical AI, which can proceed, reason, plan and act,” said Jensen Huang, ceo of the company.
Nvidia and AI have been talked about a lot throughout 2024. The crypto-AI narrative has long been dominant over the past year, and the company’s performance in the stock market has often dragged up numerous tokens. Therefore, investors always have an eye on the company’s new developments.
The new project, Project DIGITS, aims to provide researchers, data scientists, and students with access to “deep learning GPU intelligence,” so new development prospects for cryptocurrency-related solutions are not ruled out either. Based on the GB10 Grace Blackwell superchip, it will be available in May for about $3,000.
AI in 2025
In addition to all this, the company has also launched Nvidia’s Cosmos platform, which instead offers artificial intelligence models for the development of humanoid robots and autonomous vehicles.
“The ChatGPT moment for general robotics is just around the corner,” Huang stressed.
Despite these announcements, Nvidia is still suffering in the stock market. In the last day, Nvidia Corp (NVDA) closed down 6.2 percent, and remains far from the peak touched in recent months. In 2024, Nvidia shares had gained 166 percent, and the decline in question does not yet worry investors.
For analysts, Nvidia continues to have a “favorable” setup, partly because of prospects made solid by strategic positioning in areas such as data centers, as well as robotics and autonomous vehicles.
