NVIDIA

Nvidia seems to be stepping away from direct interaction with cryptocurrency startups, banning them from eligibility to have its support, mentorship, and access to its resources. The news was shared on the X social media platform by Chinese cryptojournalist and blogger Colin Wu.
From now on, any startup affiliated with crypto is not eligible to join Nvidia’s Inception accelerator program.
Crypto startups not eligible, AI ones preferred
Wu shared a link to Nvidia’s Inception accelerator program application page, where it says that “companies associated with cryptocurrency” do not qualify for membership in this startup accelerator program.
NVIDIA clearly stated on its Inception accelerator program application page that companies related to cryptocurrency are not eligible to join. The program requires applicants to be startups that have been established for no more than 10 years, and consulting companies, cloud…— Wu Blockchain (@WuBlockchain) April 24, 2025
However, it is focused on supporting startups focused on AI and provides “training for AI developers,” which likely includes access to AI SDKs (software development kits), libraries, tutorials, and mentorship to help new startups create and improve their AI products.
Besides, startups that qualify for membership get discounts on Nvidia hardware and software, and “opportunities to connect with NVIDIA’s network of venture capital firms.” To qualify, a company must be in existence for no more than 10 years, be officially incorporated, employ at least one developer, and maintain a working website.
#NVIDIA
$BTC
$BNB

Listen, here's an interesting story about Nvidia, which again shows how far the company is moving away from cryptocurrencies and is increasingly immersed in artificial intelligence.
This week, Nvidia suddenly canceled its participation in the project with Arbitrum, which is a second-tier network on Ethereum, where many AI startups related to blockchain hang out. At first, it was planned that Arbitrum would become an exclusive partner of the new Ignition AI Accelerator program. She helps startups by providing them with infrastructure and mentors. But at the last moment, Nvidia said, "Stop, we're not going any further," and that's it—without explanation.
This is not an accident. Nvidia has long had a rule: no crypt in their acceleration programs, like the same Inception. And this position has been dragging on since 2018, when the collapse of Ethereum left the company with a mountain of unclaimed graphics cards. At the same time, they also fined 5.5 million dollars for unreliable reporting of income from crypto mining. Since then, the lesson has been learned.
The company's management is also not shy about expressions. Michael Kagan, Nvidia's technical director, bluntly said that cryptocurrencies were "useless" and compared them to real technological advances like artificial intelligence. At the GTC 2024 conference, even when one of the co-founders of the NEAR blockchain was next to the CEO of Nvidia, the conversation was still only about AI.
It turns out that Nvidia clearly shares priorities: AI is the future, and the crypt is just a fashionable but empty story. They choose the side where they see real benefits and development, rather than short-term benefits and volatility.
So I'm thinking — maybe Nvidia knows something that we haven't seen yet? Why do you think AI is so much more important to them than cryptocurrencies?
#AI #crypto #NVIDIA #cryptocurrency #ArtificialInteligence

✔️ The Arbitrum Foundation withdrew from the Ignition AI Accelerator program supported by Nvidia due to Nvidia's request not to be associated with cryptocurrencies.

🔴 Despite this, other companies like Aptos continue to participate in the program.

🔴 Subsequently, the price of the ARB$ token increased by 1.8% in the last 24 hours and Nvidia declined to comment.
$ARB
#ARBİTRUM #NVIDIA #الذكاء_الاصطناعي #العملات_المشفرة #تقنية_البلوكتشين

The emergence of new advanced artificial intelligence chips from Huawei could threaten US semiconductor giant Nvidia (NASDAQ:NVDA) in the short term, according to analysts at Piper Sandler.
Huawei plans to begin mass shipments of the AI processor 910C to Chinese customers as soon as next month, Reuters reported earlier this week. The 910C is more of an architecture evolution than a technological advancement and offers performance comparable to Nvidia's H100 products, Reuters said.
Citing sources familiar with the matter, the news agency reported that some shipments of the 910C - known as Ascend - may have already taken place.

In recent hours, I have been reading posts claiming that NVIDIA Inception has banned cryptocurrency startups, but... what is the truth behind that?
NVIDIA Inception is a support program for startups focused on AI, data science, and cloud computing.
There is no official evidence that NVIDIA has banned blockchain projects/tokens.

It should be noted that Hedera collaborates recently with NVIDIA and Intel (and many other companies) in the Verifiable Compute initiative, a project that seeks to apply blockchain for artificial intelligence operations.