Render Network founder Jules Urbach is set to speak at the upcoming NVIDIA GTC 2024 conference in just 4 days, potentially boosting the RNDR token’s price outlook. Scheduled for March 18, NVIDIA’s GTC is billed as the year’s premier event for AI and GPU computing aficionados, marking a year packed with rapid developments in generative AI technologies and the rise of decentralized AI networks.
Since the last GTC, NVIDIA unveiled several groundbreaking advancements in AI, launching its high-performance HGX H200 GPU lineup, releasing new open-access Large Language Models (LLMs), and introducing Tensor Core AI acceleration to the popular RTX GPU lineup.
This year, the conference will highlight the Blackwell HPC chip architecture, slated to succeed the Hopper H200 GPU accelerators, and explore the nexus of immersive media and spatial computing, emphasizing the integration of the Open 3D OpenUSD standard with generative AI.
Render Founder Introduces AI Crypto Industry
Jules Urbach’s return to the GTC stage for a live keynote, his first since before the COVID-19 pandemic, is particularly notable as he is the only crypto founder invited to speak at this prestigious event. Having been a fixture at GTC since 2010, Urbach’s insights into GPU technologies were fundamental.
(1/3) In preparation for @NVIDIA #GTC24Take a minute to revisit this highlight where Jensen Huang discusses the impact of ChatGPT, Stable Diffusion, Dall-e, and Midjourney on the world of Generative AI at last year’s GTC23:https://t.co/H8f21tRPex
— The Render Network (@rendernetwork) March 14, 2024
Scheduled to present on March 20, Urbach will give a talk titled “The Future of Rendering: Real-Time Ray Tracing, AI, Holographic Displays and Blockchain”. This presentation aims to offer an updated vision for the future of generative AI, spatial media, and decentralized GPU computing technologies. A focal point of the discussion will be the convergence of decentralized computing, generative AI and holographic technology, as demonstrated in The Archive – an immersive spatial experience produced on the Render Network for Apple Vision Pro.
The crypto community can anticipate Urbach sharing milestones achieved by Render Network, including technological advancements and significant projects completed using the platform. These achievements highlight the network’s capability for professional-grade rendering tasks. Additionally, Urbach’s presentation could outline Render Network’s future roadmap, detailing upcoming features, technology improvements, and expansion plans that promise to revolutionize the rendering landscape.
“This year’s keynote promises to build on an iconic 2013 keynote with NVIDIA founder and CEO Jensen Huang, where Jules revealed the first cloud GPU rendering pipeline,” the Render Network team said in a recent blog post.
“I think it will be one of my most relevant talks at GTC, and a reflection of the next paradigm shift we are entering for distributed GPU systems, alongside the first in 2013 — when I took the stage with Jensen to announce Render’s precursor centralized (ORC) and then launched with AWS,” said Urbach looking to the future.
Potential partnerships with NVIDIA and other industry giants could be an explosive topic of discussion, given NVIDIA’s leadership in GPU and AI technology. These collaborations could further improve the Render Network’s capabilities and, more importantly, greatly increase the price of RNDR.
How will the RNDR price react?
Before the event, pay greater attention to AI cryptographic tokens, particularly RNDR, is expected. This is likely to be accompanied by a “buy into the rumor of an expanded partnership” sentiment that will drive up prices. Ultimately, the deciding factor will be whether the Render founder can present an innovative new partnership or whether it will be a “news-selling” event.
In this case, RNDR will probably be able to reach a new all-time high. At the time of writing, RNDR was trading at $11.07, just below the all-time high of $12.71 set last Saturday, March 9.
Featured image from YouTube, chart from TradingView.com
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