🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Apple May Partner With Company Behind Render Crypto Token

Published 07/06/2023, 22:05
Updated 07/06/2023, 23:10
© Reuters.  Apple May Partner With Company Behind Render Crypto Token

Benzinga - A product linked to the Render (CRYPTO: RNDR) network, which offers distributed GPU rendering on the blockchain, was mentioned in the Apple Inc. (NASDAQ: AAPL) event on Monday as part of the keynote event. Artificial intelligence based crypto tokens like Render and SingularityNET have in recent times gained popularity. Meanwhile, AI chatbots and other products are yet to integrate crypto payments, despite widespread expectations. It was expected that the 2023 Apple Worldwide Developers Conference would make way for crypto integration with the launch of the Vision Pro headset.

However, no crypto market related feature or update was mentioned during the WWDC conference. Yet, Apple appears to be in a reasonably fair place to partner with OTOY Inc., the company whose CEO is also responsible for founding the Render network.

Octane X Partnership With Apple In Cards? During the Apple keynote event on Monday, the iPhone making company featured Octane X, a GPU rendering feature that is available on the Mac App Store. Octane is directly related to the Render (RNDR) token as OTOY is the company behind both products. Jules Urbach, the CEO of OTOY, had in 2016 founded Render Token to provide decentralized GPU based rendering solutions. Hence, it is being speculated that there could be a partnership between Apple and Octane soon.

However, the Apple Augmented reality (AR) and Virtual Reality (VR) product, Vision Pro headset, was originally expected to require Render network functionality for the GPU rendering. Apple did not mention any such partnerships during the event.

Image by Niccolò Chiamori on Unsplash

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.