How Nvidia is boosting crypto 'DePin' projects like Akash to show AI isn't a bubble [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
In the crypto world, decentralized physical infrastructure projects, or DePin projects, have seen a similar boost. Decentralized compute project Akash, for example, has rallied 560% over the last year compared to Nvidia's 190%. Coinage recently caught up with Akash co-founder Greg Osuri to discuss how the crypto and AI landscapes continue to evolve, and how one narrative has played into the other. "The rate at which [AI] models are evolving is so fast that the supply chain is not catching up," Osuri told Coinage. He highlighted the ongoing shortage of Nvidia's H100 chips , which still have a waiting period of three to six months. Projects like Akash, and fellow compute-focused project Render, have capitalized on that narrative by offering ways to unlock compute power that may be sitting idle. As a platform, Akash allows users with those compute resources a way to get paid. "Nvidia is in the new car business; we are in the used car business," Osuri remarked, drawing a parallel b
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