One of the world’s largest chip manufacturers on Nvidia Michael Kagan, sitting in the senior executive chair, compared artificial intelligence technology and cryptocurrencies in a statement to the press.
Chief Technology Officer Michael Kagan, in his interview, the favorite artificial intelligence tool of recent months. to ChatGPT mentioned. Kagan emphasized that chatbot tools provide great benefit to society. Nvidia executive, from reporter cryptocurrency To this question, he replied:
“We continue to work to create the processing power to be used in artificial intelligence technology. However, the equipment, time and energy spent on cryptocurrencies do not bring anything useful to society.”
Nvidia Doesn’t Like Crypto
The US chip maker has made huge profits from rig sales in recent years due to the proliferation of cryptocurrency mining. Despite the fact that the miners use Nvidia brand graphics cards, Kagan’s comment caused great surprise.
It is known by everyone that Nvidia, one of the world’s largest technology issuers, is not very keen on the crypto space. Nvidia executive claimed that crypto crashed:
“Cryptocurrencies needed processing power. Market actors benefited greatly by purchasing our product. But at the end of the day, it collapsed because it is of no use to society.”
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!