Nvidia's Record Revenue, Data Center Demand Serves As Backdrop For Rally In AI-Based Crypto Tokens

Artificial intelligence-related cryptocurrencies were rallying late Wednesday amid AI darling Nvidia Corp.’s (NASDAQ:NVDA) record quarterly revenue and data center demand.The WinnersNEAR, the token powering AI-native blockchain NEAR Protocol, jumped more than 16% to lead the gainers. The AI-based collaborative token, FET, followed suit, with gains of 8.20%.Render Network’s native token lifted 7.60%. Note that the Render Network rents out idle GPU power to content creators and AI applications.Decentralized A ...