As previously reported by the publication Coindesk, Arbitrum planned to become a partner of NVIDIA in program Ignition AI Accelerator. This could significantly increase the industry influence of the platform for decentralized applications in the Ethereum blockchain, especially in AI.
In addition, this would provide Arbitrum users access to infrastructure loans, mentoring and integration capabilities with NVIDIA technologies. Together, this would attract more developers and projects in Arbitrum, increasing the total blocked cost (TVL) and the activity of the network.
However, a few minutes before the official report of partnership, Nvidia unilaterally withdrew its consent to the conclusion of the transaction without providing any arguments and comments.
Crypto -browser Colin Wu (Colin Wu), known by pseudonym Wublockchain, suggestedthat NVIDIA could not overcome intra -corporate disagreements about cooperation with a crypto -saber, which it is potentially excludes Of all their flagship programs from regulatory or strategic considerations.
Earlier, NVIDIA leaders openly expressed their skepticism regarding the value of cryptocurrency. For example, the technical director of the company Michael Kagan said that cryptocurrencies “do not bring any benefit to society.”
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
