Arbitrum, a Layer-2 network, was rejected from Nvidia's Ignition AI Accelerator program due to the chipmaker's risk control strategy. Despite efforts to rebuild its reputation after an 85% price drop, Arbitrum's plan to be Ethereum's partner in the program was turned down. Nvidia's exclusion of crypto firms from the program reflects a calculated risk to maintain its AI-first brand identity. This decision has raised concerns about the future collaboration between tech giants and the blockchain sector. While Arbitrum leads in L2 scaling solutions, it is still below its previous high. Initiatives like token buybacks have been attempted to boost the ecosystem, but analysts suggest a need for more innovative strategies. Flexibility in deploying funds strategically over time is recommended for long-term success. With the denial from Nvidia's program, Arbitrum faces challenges but may explore other avenues for growth. Read more AI-generated news on: https://app.chaingpt.org/news

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