AI-Related Tokens Hold Gains After Nvidia’s Big Beat Solidifies Bullish Outlook

Today’s result follows Nvidia’s blowout first quarter results from last May which revealed an extremely bullish outlook for revenue tied to AI. This sentiment, coupled with increasingly AI mainstream reach with the likes of OpenAI’s ChatGPT, spilled over onto AI-related cryptocurrencies, sending them soaring, even though they’ve fallen back over the summer along with the rest of the market.

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• Source: https://www.coindesk.com/business/2023/08/23/ai-related-tokens-rise-after-nvidias-big-beat-solidifies-bullish-artificial-intelligence-outlook/?utm_medium=referral&utm_source=rss&utm_campaign=headlines